PPP Loan information for Hoover electrical llc

$63,877

Hoover electrical llc was initially approved for PPP Loan of amount $63,877, the current approved amount is $63,877. The loan was approved on 02/16/2021 by The Eastern Bank reported 7 jobs and $63,877 was used to fund payroll.

Hoover electrical llc is Existing or more than 2 years old

PPP Loan Search / MA / Billerica / Hoover electrical llc

HOOVER ELECTRICAL LLC

Date Approved

02/16/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

HOOVER ELECTRICAL LLC

Borrower Address

1 Doherty Ave

Borrower City

Billerica

Borrower State

MA

Borrower Zip

01821-6374

Loan Status Date

02/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

63877.00

Current Approval Amount

63877.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Billerica

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01821-6374

CD

MA-06

Jobs Reported

7

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

63871.00

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

64473.19

Forgiveness Date

01/21/2022

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