PPP Loan information for New england electric, electrical contractors inc.

$153,012

New england electric, electrical contractors inc. was initially approved for PPP Loan of amount $153,012, the current approved amount is $153,012. The loan was approved on 04/27/2020 by The Savings Bank of Danbury reported 12 jobs and $153,012 was used to fund payroll.

New england electric, electrical contractors inc. is Existing or more than 2 years old

NEW ENGLAND ELECTRIC, ELECTRICAL CONTRACTORS INC.

Date Approved

04/27/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

NEW ENGLAND ELECTRIC, ELECTRICAL CONTRACTORS INC.

Borrower Address

112 Beaver Brook Rd. Suite # 4

Borrower City

Danbury

Borrower State

CT

Borrower Zip

06810

Loan Status Date

06/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

153012.00

Current Approval Amount

153012.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16105

Servicing Lender Name

Savings Bank of Danbury

Servicing Lender Address

220 Main St

Servicing Lender City

DANBURY

Servicing Lender State

CT

Servicing Lender Zip

06810-6635

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Danbury

Project County Name

FAIRFIELD

Project State

CT

Project Zip

06810-1300

CD

CT-05

Jobs Reported

12

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

153012.00

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

16105

Originating Lender

Savings Bank of Danbury

Originating Lender City

DANBURY

Originating Lender State

CT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

154580.37

Forgiveness Date

05/20/2021

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