PPP Loan information for Pan electric company inc

$115,045

Pan electric company inc was initially approved for PPP Loan of amount $115,045, the current approved amount is $115,045. The loan was approved on 05/12/2020 by The Bank of America, National Association reported 7 jobs and $115,045 was used to fund payroll.

Pan electric company inc is Existing or more than 2 years old

PPP Loan Search / MA / QUINCY / Pan electric company inc

PAN ELECTRIC COMPANY INC

Date Approved

05/12/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

PAN ELECTRIC COMPANY INC

Borrower Address

83 RAYCROFT ST

Borrower City

QUINCY

Borrower State

MA

Borrower Zip

02169-8717

Loan Status Date

01/18/2023

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

115045.00

Current Approval Amount

115045.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

QUINCY

Project County Name

NORFOLK

Project State

MA

Project Zip

02169-8717

CD

MA-08

Jobs Reported

7

NAICS Code

221118

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

115045.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

33380.30

Forgiveness Date

09/01/2022

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