PPP Loan information for Stearns electric

$180,000

Stearns electric was initially approved for PPP Loan of amount $180,000, the current approved amount is $180,000. The loan was approved on 04/04/2020 by The Hometown Bank reported 13 jobs and $180,000 was used to fund payroll.

Stearns electric is Existing or more than 2 years old

PPP Loan Search / MA / OXFORD / Stearns electric

STEARNS ELECTRIC

Date Approved

04/04/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

STEARNS ELECTRIC

Borrower Address

261 MAIN ST

Borrower City

OXFORD

Borrower State

MA

Borrower Zip

01540-2356

Loan Status Date

06/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

180000.00

Current Approval Amount

180000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89228

Servicing Lender Name

Hometown Bank

Servicing Lender Address

31 Sutton Ave

Servicing Lender City

OXFORD

Servicing Lender State

MA

Servicing Lender Zip

01540-1755

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OXFORD

Project County Name

WORCESTER

Project State

MA

Project Zip

01540-2356

CD

MA-01

Jobs Reported

13

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

180000.00

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

89228

Originating Lender

Hometown Bank

Originating Lender City

OXFORD

Originating Lender State

MA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

181938.08

Forgiveness Date

05/13/2021

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