PPP Loan information for King electric co.

$17,400

King electric co. was initially approved for PPP Loan of amount $17,400, the current approved amount is $17,400. The loan was approved on 04/28/2020 by The Institution for Savings In Newburyport and its Vicinity reported 2 jobs and $17,400 was used to fund payroll.

King electric co. is Existing or more than 2 years old

PPP Loan Search / MA / ROCKPORT / King electric co.

KING ELECTRIC CO.

Date Approved

04/28/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

KING ELECTRIC CO.

Borrower Address

1 B Greystone Lane

Borrower City

ROCKPORT

Borrower State

MA

Borrower Zip

01966

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

17400.00

Current Approval Amount

17400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33175

Servicing Lender Name

Institution for Savings In Newburyport and its Vicinity

Servicing Lender Address

93 State St

Servicing Lender City

NEWBURYPORT

Servicing Lender State

MA

Servicing Lender Zip

01950-6618

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCKPORT

Project County Name

ESSEX

Project State

MA

Project Zip

01966-0001

CD

MA-06

Jobs Reported

2

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2175.00

Payroll Proceed

13050.00

Mortgage Interest Proceed

2175.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

33175

Originating Lender

Institution for Savings In Newburyport and its Vicinity

Originating Lender City

NEWBURYPORT

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

17615.95

Forgiveness Date

07/28/2021

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