PPP Loan information for Phoenix electric corp.

$788,700

Phoenix electric corp. was initially approved for PPP Loan of amount $788,700, the current approved amount is $788,700. The loan was approved on 04/04/2020 by The The Bank of Canton reported 63 jobs and $788,700 was used to fund payroll.

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

PPP Loan Search / MA / CANTON / Phoenix electric corp.

PHOENIX ELECTRIC CORP.

Date Approved

04/04/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

PHOENIX ELECTRIC CORP.

Borrower Address

40 HUDSON RD

Borrower City

CANTON

Borrower State

MA

Borrower Zip

02021-1407

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

788700.00

Current Approval Amount

788700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32735

Servicing Lender Name

The Bank of Canton

Servicing Lender Address

490 Turnpike St

Servicing Lender City

CANTON

Servicing Lender State

MA

Servicing Lender Zip

02021-2704

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CANTON

Project County Name

NORFOLK

Project State

MA

Project Zip

02021-1407

CD

MA-08

Jobs Reported

63

NAICS Code

335311

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

98588.00

Payroll Proceed

591525.00

Mortgage Interest Proceed

0.00

Rent Proceed

98587.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

32735

Originating Lender

The Bank of Canton

Originating Lender City

CANTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

795316.32

Forgiveness Date

02/11/2021

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