PPP Loan information for Helco electric inc

$318,243

Helco electric inc was initially approved for PPP Loan of amount $318,243, the current approved amount is $318,243. The loan was approved on 02/05/2021 by The Eastern Bank reported 20 jobs and $318,243 was used to fund payroll.

Helco electric inc is Existing or more than 2 years old

PPP Loan Search / MA / Peabody / Helco electric inc

HELCO ELECTRIC INC

Date Approved

02/05/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

HELCO ELECTRIC INC

Borrower Address

0 Centennial Dr

Borrower City

Peabody

Borrower State

MA

Borrower Zip

01960-7927

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

318243.33

Current Approval Amount

318243.33

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Peabody

Project County Name

ESSEX

Project State

MA

Project Zip

01960-7927

CD

MA-06

Jobs Reported

20

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

318243.33

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

Unanswered

Non Profit

Forgiveness Amount

319728.47

Forgiveness Date

07/27/2021

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