PPP Loan information for D scharn electric inc

$54,961

D scharn electric inc was initially approved for PPP Loan of amount $54,961, the current approved amount is $54,961. The loan was approved on 04/30/2020 by The Square Capital, LLC reported 5 jobs and $54,961 was used to fund payroll.

D scharn electric inc is Existing or more than 2 years old

PPP Loan Search / MA / BILLERICA / D scharn electric inc

D SCHARN ELECTRIC INC

Date Approved

04/30/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

D SCHARN ELECTRIC INC

Borrower Address

115A BRIDLE RD

Borrower City

BILLERICA

Borrower State

MA

Borrower Zip

01821

Loan Status Date

08/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

54961.38

Current Approval Amount

54961.38

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

529050

Servicing Lender Name

Square Capital, LLC

Servicing Lender Address

1455 Market Street, Suite 600

Servicing Lender City

San Francisco

Servicing Lender State

CA

Servicing Lender Zip

94103

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BILLERICA

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01821-0001

CD

MA-03

Jobs Reported

5

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6870.17

Payroll Proceed

41221.03

Mortgage Interest Proceed

6870.18

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

223542

Originating Lender

Celtic Bank Corporation

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

55622.42

Forgiveness Date

07/15/2021

;