PPP Loan information for K electric inc.

$235,222

K electric inc. was initially approved for PPP Loan of amount $235,222, the current approved amount is $235,222. The loan was approved on 04/29/2020 by The HarborOne Bank reported 14 jobs and $235,222 was used to fund payroll.

K electric inc. is Existing or more than 2 years old

K ELECTRIC INC.

Date Approved

04/29/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

K ELECTRIC INC.

Borrower Address

2646 WARWICK AVE

Borrower City

WARWICK

Borrower State

RI

Borrower Zip

02889-4269

Loan Status Date

12/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

235222.00

Current Approval Amount

235222.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

98258

Servicing Lender Name

HarborOne Bank

Servicing Lender Address

770 Oak St

Servicing Lender City

BROCKTON

Servicing Lender State

MA

Servicing Lender Zip

02301-1100

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WARWICK

Project County Name

KENT

Project State

RI

Project Zip

02889-4269

CD

RI-02

Jobs Reported

14

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

235222.00

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

98258

Originating Lender

HarborOne Bank

Originating Lender City

BROCKTON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

236536.67

Forgiveness Date

11/25/2020

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