PPP Loan information for Raad electric

$9,700

Raad electric was initially approved for PPP Loan of amount $15,000, the current approved amount is $9,700. The loan was approved on 04/15/2020 by The South Shore Bank reported 1 jobs and $9,700 was used to fund payroll.

Raad electric is Existing or more than 2 years old

RAAD ELECTRIC

Date Approved

04/15/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

RAAD ELECTRIC

Borrower Address

44 LEDGEBROOK AVE

Borrower City

STOUGHTON

Borrower State

MA

Borrower Zip

02072-1054

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

15000.00

Current Approval Amount

9700.00

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

STOUGHTON

Project County Name

NORFOLK

Project State

MA

Project Zip

02072-1054

CD

MA-08

Jobs Reported

1

NAICS Code

335121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

9700.00

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

Sole Proprietorship

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

9787.84

Forgiveness Date

03/15/2021

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