PPP Loan information for Interstate electrical services corp.

$8,572,700

Interstate electrical services corp. was initially approved for PPP Loan of amount $8,572,700, the current approved amount is $8,572,700. The loan was approved on 04/13/2020 by The Salem Five Cents Savings Bank reported 500 jobs and $8,572,700 was used to fund payroll.

Interstate electrical services corp. is Existing or more than 2 years old

PPP Loan Search / MA / NORTH BILLERICA / Interstate electrical services corp.

INTERSTATE ELECTRICAL SERVICES CORP.

Date Approved

04/13/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

INTERSTATE ELECTRICAL SERVICES CORP.

Borrower Address

70 TREBLE COVE RD

Borrower City

NORTH BILLERICA

Borrower State

MA

Borrower Zip

01862-2208

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

8572700.00

Current Approval Amount

8572700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33304

Servicing Lender Name

Salem Five Cents Savings Bank

Servicing Lender Address

210 Essex St

Servicing Lender City

SALEM

Servicing Lender State

MA

Servicing Lender Zip

01970-3705

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTH BILLERICA

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01862-2208

CD

MA-03

Jobs Reported

500

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

8572700.00

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

Subchapter S Corporation

Originating Lender Location Id

33304

Originating Lender

Salem Five Cents Savings Bank

Originating Lender City

SALEM

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

8682716.32

Forgiveness Date

07/22/2021

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