PPP Loan information for Gustafson electric inc

$204,381

Gustafson electric inc was initially approved for PPP Loan of amount $204,381, the current approved amount is $204,381. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 18 jobs and $204,381 was used to fund payroll.

Gustafson electric inc is New Business or 2 years or less

GUSTAFSON ELECTRIC INC

Date Approved

05/01/2020

SBA Office Code

0130

Processing Method

PPP

Borrower Name

GUSTAFSON ELECTRIC INC

Borrower Address

226 SOUTH RD

Borrower City

HAMPDEN

Borrower State

MA

Borrower Zip

01036-9699

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

204381.00

Current Approval Amount

204381.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

HAMPDEN

Project County Name

HAMPDEN

Project State

MA

Project Zip

01036-9699

CD

MA-01

Jobs Reported

18

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

204381.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

206116.84

Forgiveness Date

03/10/2021

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