PPP Loan information for Starbro electric co, inc.

$202,500

Starbro electric co, inc. was initially approved for PPP Loan of amount $202,500, the current approved amount is $202,500. The loan was approved on 04/12/2020 by The Eastern Bank reported 11 jobs and $202,500 was used to fund payroll.

Starbro electric co, inc. is New Business or 2 years or less

PPP Loan Search / MA / ROCKLAND / Starbro electric co, inc.

STARBRO ELECTRIC CO, INC.

Date Approved

04/12/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

STARBRO ELECTRIC CO, INC.

Borrower Address

100 WEYMOUTH ST

Borrower City

ROCKLAND

Borrower State

MA

Borrower Zip

02370-1136

Loan Status Date

06/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

202500.00

Current Approval Amount

202500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

ROCKLAND

Project County Name

PLYMOUTH

Project State

MA

Project Zip

02370-1136

CD

MA-09

Jobs Reported

11

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

202500.00

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

204609.38

Forgiveness Date

05/05/2021

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