PPP Loan information for National electric corp.

$45,135

National electric corp. was initially approved for PPP Loan of amount $45,135, the current approved amount is $45,135. The loan was approved on 04/09/2020 by The Eastern Bank reported 4 jobs and $45,135 was used to fund payroll.

National electric corp. is Existing or more than 2 years old

PPP Loan Search / MA / NORWOOD / National electric corp.

NATIONAL ELECTRIC CORP.

Date Approved

04/09/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

NATIONAL ELECTRIC CORP.

Borrower Address

57 BOSTON PROVIDENCE TPKE

Borrower City

NORWOOD

Borrower State

MA

Borrower Zip

02062-2624

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

45135.00

Current Approval Amount

45135.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORWOOD

Project County Name

NORFOLK

Project State

MA

Project Zip

02062-2624

CD

MA-08

Jobs Reported

4

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

45135.00

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

42393.66

Forgiveness Date

12/02/2020

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