PPP Loan information for Nantucket electric co

$90,125

Nantucket electric co was initially approved for PPP Loan of amount $90,125, the current approved amount is $90,125. The loan was approved on 04/09/2021 by The Cross River Bank reported 23 jobs and $90,125 was used to fund payroll.

Nantucket electric co is Existing or more than 2 years old

NANTUCKET ELECTRIC CO

Date Approved

04/09/2021

SBA Office Code

0101

Processing Method

PPP

Borrower Name

NANTUCKET ELECTRIC CO

Borrower Address

40 Sylvan Rd

Borrower City

Waltham

Borrower State

MA

Borrower Zip

02451-1120

Loan Status Date

04/24/2021

Loan Status

Charged Off

Term

37

SBA Guaranty Percentage

100

Initial Approval Amount

90125.00

Current Approval Amount

90125.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Waltham

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02451-1120

CD

MA-05

Jobs Reported

23

NAICS Code

221118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

90124.00

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

Sole Proprietorship

Originating Lender Location Id

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;