PPP Loan information for Electrical solutions inc

$202,000

Electrical solutions inc was initially approved for PPP Loan of amount $202,000, the current approved amount is $202,000. The loan was approved on 01/19/2021 by The Maine Community Bank reported 11 jobs and $202,000 was used to fund payroll.

Electrical solutions inc is Existing or more than 2 years old

PPP Loan Search / ME / Lewiston / Electrical solutions inc

ELECTRICAL SOLUTIONS INC

Date Approved

01/19/2021

SBA Office Code

0172

Processing Method

PPS

Borrower Name

ELECTRICAL SOLUTIONS INC

Borrower Address

20 Pond Ridge Dr

Borrower City

Lewiston

Borrower State

ME

Borrower Zip

04240-2320

Loan Status Date

08/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

202000.00

Current Approval Amount

202000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29614

Servicing Lender Name

Maine Community Bank

Servicing Lender Address

254 Main St

Servicing Lender City

BIDDEFORD

Servicing Lender State

ME

Servicing Lender Zip

04005-2400

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lewiston

Project County Name

ANDROSCOGGIN

Project State

ME

Project Zip

04240-2320

CD

ME-02

Jobs Reported

11

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

201998.00

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

29614

Originating Lender

Maine Community Bank

Originating Lender City

BIDDEFORD

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

202925.83

Forgiveness Date

07/12/2021

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