PPP Loan information for Cranston electric inc.

$76,341

Cranston electric inc. was initially approved for PPP Loan of amount $76,341, the current approved amount is $76,341. The loan was approved on 02/09/2021 by The BankGloucester reported 4 jobs and $76,341 was used to fund payroll.

Cranston electric inc. is Existing or more than 2 years old

CRANSTON ELECTRIC INC.

Date Approved

02/09/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

CRANSTON ELECTRIC INC.

Borrower Address

10 Cleveland Pl # 12

Borrower City

Gloucester

Borrower State

MA

Borrower Zip

01930-2743

Loan Status Date

11/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

76341.05

Current Approval Amount

76341.05

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89293

Servicing Lender Name

BankGloucester

Servicing Lender Address

160 Main St

Servicing Lender City

GLOUCESTER

Servicing Lender State

MA

Servicing Lender Zip

01930-5732

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Gloucester

Project County Name

ESSEX

Project State

MA

Project Zip

01930-2743

CD

MA-06

Jobs Reported

4

NAICS Code

238990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

76337.05

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

89293

Originating Lender

BankGloucester

Originating Lender City

GLOUCESTER

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

76866.03

Forgiveness Date

10/20/2021

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