PPP Loan information for Electric time company, inc.

$274,320

Electric time company, inc. was initially approved for PPP Loan of amount $274,320, the current approved amount is $274,320. The loan was approved on 04/28/2020 by The Middlesex Savings Bank reported 20 jobs and $274,320 was used to fund payroll.

Electric time company, inc. is Existing or more than 2 years old

ELECTRIC TIME COMPANY, INC.

Date Approved

04/28/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

ELECTRIC TIME COMPANY, INC.

Borrower Address

97 WEST ST

Borrower City

MEDFIELD

Borrower State

MA

Borrower Zip

02052-1513

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

274320.00

Current Approval Amount

274320.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33108

Servicing Lender Name

Middlesex Savings Bank

Servicing Lender Address

6 Main St

Servicing Lender City

NATICK

Servicing Lender State

MA

Servicing Lender Zip

01760-4506

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MEDFIELD

Project County Name

NORFOLK

Project State

MA

Project Zip

02052-1513

CD

MA-04

Jobs Reported

20

NAICS Code

335311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

27432.00

Payroll Proceed

219456.00

Mortgage Interest Proceed

27432.00

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

33108

Originating Lender

Middlesex Savings Bank

Originating Lender City

NATICK

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

276232.62

Forgiveness Date

01/11/2021

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