PPP Loan information for Forte electric inc

$24,700

Forte electric inc was initially approved for PPP Loan of amount $24,700, the current approved amount is $24,700. The loan was approved on 04/13/2020 by The Bristol County Savings Bank reported 3 jobs and $24,700 was used to fund payroll.

Forte electric inc is New Business or 2 years or less

PPP Loan Search / MA / ATTLEBORO / Forte electric inc

FORTE ELECTRIC INC

Date Approved

04/13/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

FORTE ELECTRIC INC

Borrower Address

74 FOREST ST

Borrower City

ATTLEBORO

Borrower State

MA

Borrower Zip

02703-2451

Loan Status Date

02/07/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

24700.00

Current Approval Amount

24700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33371

Servicing Lender Name

Bristol County Savings Bank

Servicing Lender Address

29 Broadway

Servicing Lender City

TAUNTON

Servicing Lender State

MA

Servicing Lender Zip

02780-3269

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

ATTLEBORO

Project County Name

BRISTOL

Project State

MA

Project Zip

02703-2451

CD

MA-04

Jobs Reported

3

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2500.00

Payroll Proceed

19700.00

Mortgage Interest Proceed

0.00

Rent Proceed

2500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

33371

Originating Lender

Bristol County Savings Bank

Originating Lender City

TAUNTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

24912.01

Forgiveness Date

02/25/2021

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