PPP Loan information for Gaines electric & contracting

$18,655

Gaines electric & contracting was initially approved for PPP Loan of amount $18,655, the current approved amount is $18,655. The loan was approved on 03/23/2021 by The Eastern Bank reported 2 jobs and $18,655 was used to fund payroll.

Gaines electric & contracting is Existing or more than 2 years old

GAINES ELECTRIC & CONTRACTING

Date Approved

03/23/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

GAINES ELECTRIC & CONTRACTING

Borrower Address

2 Ellis St Apt B

Borrower City

Roxbury

Borrower State

MA

Borrower Zip

02119-1490

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

18655.00

Current Approval Amount

18655.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Roxbury

Project County Name

SUFFOLK

Project State

MA

Project Zip

02119-1490

CD

MA-07

Jobs Reported

2

NAICS Code

238210

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

18651.00

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

18751.90

Forgiveness Date

09/29/2021

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