PPP Loan information for River electric inc.

$81,200

River electric inc. was initially approved for PPP Loan of amount $81,200, the current approved amount is $81,200. The loan was approved on 02/22/2021 by The Institution for Savings In Newburyport and its Vicinity reported 9 jobs and $81,200 was used to fund payroll.

River electric inc. is Existing or more than 2 years old

PPP Loan Search / MA / Salisbury / River electric inc.

RIVER ELECTRIC INC.

Date Approved

02/22/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

RIVER ELECTRIC INC.

Borrower Address

22 1st St

Borrower City

Salisbury

Borrower State

MA

Borrower Zip

01952-2518

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

81200.00

Current Approval Amount

81200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33175

Servicing Lender Name

Institution for Savings In Newburyport and its Vicinity

Servicing Lender Address

93 State St

Servicing Lender City

NEWBURYPORT

Servicing Lender State

MA

Servicing Lender Zip

01950-6618

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Salisbury

Project County Name

ESSEX

Project State

MA

Project Zip

01952-2518

CD

MA-06

Jobs Reported

9

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

81195.00

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

33175

Originating Lender

Institution for Savings In Newburyport and its Vicinity

Originating Lender City

NEWBURYPORT

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

81693.87

Forgiveness Date

10/06/2021

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