PPP Loan information for D.b. electric, inc.

$64,023

D.b. electric, inc. was initially approved for PPP Loan of amount $64,023, the current approved amount is $64,023. The loan was approved on 04/28/2020 by The Liberty Bank reported 5 jobs and $64,023 was used to fund payroll.

D.b. electric, inc. is Existing or more than 2 years old

D.B. ELECTRIC, INC.

Date Approved

04/28/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

D.B. ELECTRIC, INC.

Borrower Address

P.O. Box 98

Borrower City

Mystic

Borrower State

CT

Borrower Zip

06355

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

64022.50

Current Approval Amount

64022.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16282

Servicing Lender Name

Liberty Bank

Servicing Lender Address

315 Main St

Servicing Lender City

MIDDLETOWN

Servicing Lender State

CT

Servicing Lender Zip

06457-3345

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mystic

Project County Name

NEW LONDON

Project State

CT

Project Zip

06355-0001

CD

CT-02

Jobs Reported

5

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

64022.50

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

Subchapter S Corporation

Originating Lender Location Id

16282

Originating Lender

Liberty Bank

Originating Lender City

MIDDLETOWN

Originating Lender State

CT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

64420.86

Forgiveness Date

12/17/2020

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