PPP Loan information for Nappa electric & construction corp

$1,221,800

Nappa electric & construction corp was initially approved for PPP Loan of amount $1,221,800, the current approved amount is $1,221,800. The loan was approved on 04/09/2020 by The Northern Bank and Trust Company reported 110 jobs and $1,221,800 was used to fund payroll.

Nappa electric & construction corp is Existing or more than 2 years old

PPP Loan Search / MA / BURLINGTON / Nappa electric & construction corp

NAPPA ELECTRIC & CONSTRUCTION CORP

Date Approved

04/09/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

NAPPA ELECTRIC & CONSTRUCTION CORP

Borrower Address

380 CAMBRIDGE ST

Borrower City

BURLINGTON

Borrower State

MA

Borrower Zip

01803-1945

Loan Status Date

06/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1221800.00

Current Approval Amount

1221800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33494

Servicing Lender Name

Northern Bank and Trust Company

Servicing Lender Address

275 Mishawum Rd, Ste 100

Servicing Lender City

WOBURN

Servicing Lender State

MA

Servicing Lender Zip

01801-8804

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BURLINGTON

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01803-1945

CD

MA-06

Jobs Reported

110

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1221800.00

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

33494

Originating Lender

Northern Bank and Trust Company

Originating Lender City

WOBURN

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1228553.84

Forgiveness Date

11/03/2020

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