PPP Loan information for Electrical concepts inc

$60,400

Electrical concepts inc was initially approved for PPP Loan of amount $60,400, the current approved amount is $60,400. The loan was approved on 04/27/2020 by The Bank Rhode Island reported 6 jobs and $60,400 was used to fund payroll.

Electrical concepts inc is Existing or more than 2 years old

PPP Loan Search / RI / EAST GREENWICH / Electrical concepts inc

ELECTRICAL CONCEPTS INC

Date Approved

04/27/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

ELECTRICAL CONCEPTS INC

Borrower Address

3399 COUNTY TRL

Borrower City

EAST GREENWICH

Borrower State

RI

Borrower Zip

02818-1464

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

60400.00

Current Approval Amount

60400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

120245

Servicing Lender Name

Bank Rhode Island

Servicing Lender Address

One Turks Head Place

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-2219

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EAST GREENWICH

Project County Name

KENT

Project State

RI

Project Zip

02818-1464

CD

RI-02

Jobs Reported

6

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

60400.00

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

Corporation

Originating Lender Location Id

120245

Originating Lender

Bank Rhode Island

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

61049.30

Forgiveness Date

06/04/2021

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