PPP Loan information for Performance electrical contractors inc.

$2,000,000

Performance electrical contractors inc. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/24/2021 by The South Shore Bank reported 63 jobs and $2,000,000 was used to fund payroll.

Performance electrical contractors inc. is Existing or more than 2 years old

PERFORMANCE ELECTRICAL CONTRACTORS INC.

Date Approved

02/24/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

PERFORMANCE ELECTRICAL CONTRACTORS INC.

Borrower Address

275 Centre St

Borrower City

Holbrook

Borrower State

MA

Borrower Zip

02343-1079

Loan Status Date

04/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33475

Servicing Lender Name

South Shore Bank

Servicing Lender Address

1530 Main St

Servicing Lender City

WEYMOUTH

Servicing Lender State

MA

Servicing Lender Zip

02190-1310

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Holbrook

Project County Name

NORFOLK

Project State

MA

Project Zip

02343-1079

CD

MA-08

Jobs Reported

63

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2000000.00

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

33475

Originating Lender

South Shore Bank

Originating Lender City

WEYMOUTH

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2020888.89

Forgiveness Date

03/10/2022

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