PPP Loan information for Local electrical service

$54,375

Local electrical service was initially approved for PPP Loan of amount $54,375, the current approved amount is $54,375. The loan was approved on 02/12/2021 by The Eastern Bank reported 6 jobs and $54,375 was used to fund payroll.

Local electrical service is Existing or more than 2 years old

LOCAL ELECTRICAL SERVICE

Date Approved

02/12/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

LOCAL ELECTRICAL SERVICE

Borrower Address

15 Jefferson Rd

Borrower City

Westford

Borrower State

MA

Borrower Zip

01886-3803

Loan Status Date

12/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

54375.00

Current Approval Amount

54375.00

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

Westford

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01886-3803

CD

MA-03

Jobs Reported

6

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

54371.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

54776.77

Forgiveness Date

11/12/2021

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