PPP Loan information for Samuel nicholson electric inc

$55,390

Samuel nicholson electric inc was initially approved for PPP Loan of amount $55,390, the current approved amount is $55,390. The loan was approved on 02/06/2021 by The The Cape Cod Five Cents Savings Bank reported 4 jobs and $55,390 was used to fund payroll.

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

SAMUEL NICHOLSON ELECTRIC INC

Date Approved

02/06/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

SAMUEL NICHOLSON ELECTRIC INC

Borrower Address

22 Brewster Rd

Borrower City

Nantucket

Borrower State

MA

Borrower Zip

02554-2302

Loan Status Date

03/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

55390.00

Current Approval Amount

55390.00

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

02554-2302

CD

MA-09

Jobs Reported

4

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

55387.00

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

55939.28

Forgiveness Date

02/09/2022

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