PPP Loan information for Electrical dynamics inc.

$1,391,550

Electrical dynamics inc. was initially approved for PPP Loan of amount $1,391,550, the current approved amount is $1,391,550. The loan was approved on 03/16/2021 by The Enterprise Bank and Trust Company reported 126 jobs and $1,391,550 was used to fund payroll.

Electrical dynamics inc. is Existing or more than 2 years old

PPP Loan Search / MA / North Reading / Electrical dynamics inc.

ELECTRICAL DYNAMICS INC.

Date Approved

03/16/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

ELECTRICAL DYNAMICS INC.

Borrower Address

72B Concord St

Borrower City

North Reading

Borrower State

MA

Borrower Zip

01864-2607

Loan Status Date

10/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1391550.00

Current Approval Amount

1391550.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112598

Servicing Lender Name

Enterprise Bank and Trust Company

Servicing Lender Address

222 Merrimack St

Servicing Lender City

LOWELL

Servicing Lender State

MA

Servicing Lender Zip

01852-5913

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

North Reading

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01864-2607

CD

MA-06

Jobs Reported

126

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1391550.00

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

112598

Originating Lender

Enterprise Bank and Trust Company

Originating Lender City

LOWELL

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1398585.06

Forgiveness Date

09/17/2021

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