PPP Loan information for Electric motor service & sales, inc.

$102,290

Electric motor service & sales, inc. was initially approved for PPP Loan of amount $102,290, the current approved amount is $102,290. The loan was approved on 04/29/2020 by The Community Bank, National Association reported 7 jobs and $102,290 was used to fund payroll.

Electric motor service & sales, inc. is Existing or more than 2 years old

PPP Loan Search / MA / WESTFIELD / Electric motor service & sales, inc.

ELECTRIC MOTOR SERVICE & SALES, INC.

Date Approved

04/29/2020

SBA Office Code

0130

Processing Method

PPP

Borrower Name

ELECTRIC MOTOR SERVICE & SALES, INC.

Borrower Address

15 Progress Ave

Borrower City

WESTFIELD

Borrower State

MA

Borrower Zip

01085

Loan Status Date

06/16/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

102290.00

Current Approval Amount

102290.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

47029

Servicing Lender Name

Community Bank, National Association

Servicing Lender Address

45-49 Court St

Servicing Lender City

CANTON

Servicing Lender State

NY

Servicing Lender Zip

13617-1118

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WESTFIELD

Project County Name

HAMPDEN

Project State

MA

Project Zip

01085-0001

CD

MA-01

Jobs Reported

7

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

102290.00

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

Subchapter S Corporation

Originating Lender Location Id

47029

Originating Lender

Community Bank, National Association

Originating Lender City

CANTON

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

89464.32

Forgiveness Date

07/09/2021

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