PPP Loan information for Meserve electric inc

$62,400

Meserve electric inc was initially approved for PPP Loan of amount $62,400, the current approved amount is $62,400. The loan was approved on 04/11/2020 by The South Shore Bank reported 4 jobs and $62,400 was used to fund payroll.

Meserve electric inc is Existing or more than 2 years old

MESERVE ELECTRIC INC

Date Approved

04/11/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MESERVE ELECTRIC INC

Borrower Address

64 GROVE ST

Borrower City

EAST BRIDGEWATER

Borrower State

MA

Borrower Zip

02333-1431

Loan Status Date

06/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

62400.00

Current Approval Amount

62400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33475

Servicing Lender Name

South Shore Bank

Servicing Lender Address

1530 Main St

Servicing Lender City

WEYMOUTH

Servicing Lender State

MA

Servicing Lender Zip

02190-1310

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EAST BRIDGEWATER

Project County Name

PLYMOUTH

Project State

MA

Project Zip

02333-1431

CD

MA-08

Jobs Reported

4

NAICS Code

811118

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

62400.00

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

33475

Originating Lender

South Shore Bank

Originating Lender City

WEYMOUTH

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

63076.00

Forgiveness Date

05/13/2021

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