PPP Loan information for Samuel nicholson electric inc.

$56,800

Samuel nicholson electric inc. was initially approved for PPP Loan of amount $56,800, the current approved amount is $56,800. The loan was approved on 04/03/2020 by The The Cape Cod Five Cents Savings Bank reported 4 jobs and $56,800 was used to fund payroll.

Samuel nicholson electric inc. is Existing or more than 2 years old

SAMUEL NICHOLSON ELECTRIC INC.

Date Approved

04/03/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

SAMUEL NICHOLSON ELECTRIC INC.

Borrower Address

8 North Beach Street

Borrower City

NANTUCKET

Borrower State

MA

Borrower Zip

02554-2287

Loan Status Date

06/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

56800.00

Current Approval Amount

56800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32844

Servicing Lender Name

The Cape Cod Five Cents Savings Bank

Servicing Lender Address

1500 Iyannough Rd

Servicing Lender City

HYANNIS

Servicing Lender State

MA

Servicing Lender Zip

02601

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NANTUCKET

Project County Name

NANTUCKET

Project State

MA

Project Zip

02554-2287

CD

MA-09

Jobs Reported

4

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

56800.00

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

Subchapter S Corporation

Originating Lender Location Id

32844

Originating Lender

The Cape Cod Five Cents Savings Bank

Originating Lender City

HYANNIS

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

57416.91

Forgiveness Date

05/17/2021

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