PPP Loan information for Fearn electric inc

$58,500

Fearn electric inc was initially approved for PPP Loan of amount $58,500, the current approved amount is $58,500. The loan was approved on 01/19/2021 by The Monson Savings Bank reported 4 jobs and $58,500 was used to fund payroll.

Fearn electric inc is Existing or more than 2 years old

PPP Loan Search / MA / Longmeadow / Fearn electric inc

FEARN ELECTRIC INC

Date Approved

01/19/2021

SBA Office Code

0130

Processing Method

PPS

Borrower Name

FEARN ELECTRIC INC

Borrower Address

131 Prynnwood Rd

Borrower City

Longmeadow

Borrower State

MA

Borrower Zip

01106-2723

Loan Status Date

02/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

58500.00

Current Approval Amount

58500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33102

Servicing Lender Name

Monson Savings Bank

Servicing Lender Address

146 Main St

Servicing Lender City

MONSON

Servicing Lender State

MA

Servicing Lender Zip

01057-1317

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Longmeadow

Project County Name

HAMPDEN

Project State

MA

Project Zip

01106-2723

CD

MA-01

Jobs Reported

4

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

58500.00

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

33102

Originating Lender

Monson Savings Bank

Originating Lender City

MONSON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

58795.75

Forgiveness Date

08/02/2021

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