PPP Loan information for Manchester electric llc

$84,500

Manchester electric llc was initially approved for PPP Loan of amount $84,500, the current approved amount is $84,500. The loan was approved on 04/07/2020 by The Cape Ann Savings Bank reported 8 jobs and $84,500 was used to fund payroll.

Manchester electric llc is Existing or more than 2 years old

MANCHESTER ELECTRIC LLC

Date Approved

04/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MANCHESTER ELECTRIC LLC

Borrower Address

PO BOX 225

Borrower City

MANCHESTER

Borrower State

MA

Borrower Zip

01944-0225

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

84500.00

Current Approval Amount

84500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32738

Servicing Lender Name

Cape Ann Savings Bank

Servicing Lender Address

109 Main St

Servicing Lender City

GLOUCESTER

Servicing Lender State

MA

Servicing Lender Zip

01930-5701

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MANCHESTER

Project County Name

ESSEX

Project State

MA

Project Zip

01944-0225

CD

MA-06

Jobs Reported

8

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

84500.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

32738

Originating Lender

Cape Ann Savings Bank

Originating Lender City

GLOUCESTER

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

85567.99

Forgiveness Date

07/22/2021

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