PPP Loan information for Highgate electric, inc.

$230,400

Highgate electric, inc. was initially approved for PPP Loan of amount $281,000, the current approved amount is $230,400. The loan was approved on 04/04/2020 by The Needham Bank reported 9 jobs and $230,400 was used to fund payroll.

Highgate electric, inc. is New Business or 2 years or less

HIGHGATE ELECTRIC, INC.

Date Approved

04/04/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

HIGHGATE ELECTRIC, INC.

Borrower Address

35 INDUSTRIAL DR

Borrower City

CANTON

Borrower State

MA

Borrower Zip

02021-2801

Loan Status Date

06/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

281000.00

Current Approval Amount

230400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89236

Servicing Lender Name

Needham Bank

Servicing Lender Address

1063 Great Plain Ave

Servicing Lender City

NEEDHAM

Servicing Lender State

MA

Servicing Lender Zip

02492-2302

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

CANTON

Project County Name

NORFOLK

Project State

MA

Project Zip

02021-2801

CD

MA-08

Jobs Reported

9

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

230400.00

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

89236

Originating Lender

Needham Bank

Originating Lender City

NEEDHAM

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

232844.80

Forgiveness Date

05/21/2021

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