PPP Loan information for Mass bay electrical corp

$2,257,400

Mass bay electrical corp was initially approved for PPP Loan of amount $2,257,400, the current approved amount is $2,257,400. The loan was approved on 05/19/2020 by The Citizens Bank, National Association reported 112 jobs and $2,257,400 was used to fund payroll.

Mass bay electrical corp is Existing or more than 2 years old

PPP Loan Search / MA / East Boston / Mass bay electrical corp

MASS BAY ELECTRICAL CORP

Date Approved

05/19/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MASS BAY ELECTRICAL CORP

Borrower Address

125 Orleans Street

Borrower City

East Boston

Borrower State

MA

Borrower Zip

02128

Loan Status Date

01/15/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2257400.00

Current Approval Amount

2257400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

East Boston

Project County Name

SUFFOLK

Project State

MA

Project Zip

02128-0001

CD

MA-07

Jobs Reported

112

NAICS Code

237130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2257400.00

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2292528.85

Forgiveness Date

12/16/2021

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