PPP Loan information for Coviello electric & general co

$332,200

Coviello electric & general co was initially approved for PPP Loan of amount $332,200, the current approved amount is $332,200. The loan was approved on 04/06/2020 by The Salem Five Cents Savings Bank reported 26 jobs and $332,200 was used to fund payroll.

Coviello electric & general co is Existing or more than 2 years old

COVIELLO ELECTRIC & GENERAL CO

Date Approved

04/06/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

COVIELLO ELECTRIC & GENERAL CO

Borrower Address

55 CONCORD ST

Borrower City

NORTH READING

Borrower State

MA

Borrower Zip

01864-2601

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

332200.00

Current Approval Amount

332200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33304

Servicing Lender Name

Salem Five Cents Savings Bank

Servicing Lender Address

210 Essex St

Servicing Lender City

SALEM

Servicing Lender State

MA

Servicing Lender Zip

01970-3705

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTH READING

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01864-2601

CD

MA-06

Jobs Reported

26

NAICS Code

238120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

332200.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

33304

Originating Lender

Salem Five Cents Savings Bank

Originating Lender City

SALEM

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

334820.69

Forgiveness Date

01/27/2021

;