PPP Loan information for Saraceno electric inc

$83,350

Saraceno electric inc was initially approved for PPP Loan of amount $83,350, the current approved amount is $83,350. The loan was approved on 03/05/2021 by The Santander Bank, National Association reported 7 jobs and $83,350 was used to fund payroll.

Saraceno electric inc is Existing or more than 2 years old

SARACENO ELECTRIC INC

Date Approved

03/05/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

SARACENO ELECTRIC INC

Borrower Address

28 Summer Ave Unit 6

Borrower City

Waltham

Borrower State

MA

Borrower Zip

02452-5635

Loan Status Date

08/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

83350.00

Current Approval Amount

83350.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84894

Servicing Lender Name

Santander Bank, National Association

Servicing Lender Address

824 N Market St, Ste 100

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-4937

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Waltham

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02452-5635

CD

MA-05

Jobs Reported

7

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

83347.00

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

84894

Originating Lender

Santander Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

83656.00

Forgiveness Date

07/21/2021

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