PPP Loan information for Focus electrical corporation

$25,000

Focus electrical corporation was initially approved for PPP Loan of amount $25,000, the current approved amount is $25,000. The loan was approved on 01/22/2021 by The The Lowell Five Cent Savings Bank reported 3 jobs and $25,000 was used to fund payroll.

Focus electrical corporation is Existing or more than 2 years old

PPP Loan Search / MA / Dracut / Focus electrical corporation

FOCUS ELECTRICAL CORPORATION

Date Approved

01/22/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

FOCUS ELECTRICAL CORPORATION

Borrower Address

62 Pine Valley Dr

Borrower City

Dracut

Borrower State

MA

Borrower Zip

01826-1125

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

25000.00

Current Approval Amount

25000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32962

Servicing Lender Name

The Lowell Five Cent Savings Bank

Servicing Lender Address

34 John St

Servicing Lender City

LOWELL

Servicing Lender State

MA

Servicing Lender Zip

01852-1107

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Dracut

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01826-1125

CD

MA-03

Jobs Reported

3

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

25000.00

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

32962

Originating Lender

The Lowell Five Cent Savings Bank

Originating Lender City

LOWELL

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

25180.82

Forgiveness Date

10/19/2021

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