PPP Loan information for S&w electrical contractors inc

$1,017,927

S&w electrical contractors inc was initially approved for PPP Loan of amount $1,017,927, the current approved amount is $1,017,927. The loan was approved on 02/04/2021 by The South Shore Bank reported 67 jobs and $1,017,927 was used to fund payroll.

S&w electrical contractors inc is Existing or more than 2 years old

S&W ELECTRICAL CONTRACTORS INC

Date Approved

02/04/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

S&W ELECTRICAL CONTRACTORS INC

Borrower Address

15 Scotland Blvd

Borrower City

Bridgewater

Borrower State

MA

Borrower Zip

02324-2465

Loan Status Date

05/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1017927.00

Current Approval Amount

1017927.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33475

Servicing Lender Name

South Shore Bank

Servicing Lender Address

1530 Main St

Servicing Lender City

WEYMOUTH

Servicing Lender State

MA

Servicing Lender Zip

02190-1310

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bridgewater

Project County Name

PLYMOUTH

Project State

MA

Project Zip

02324-2465

CD

MA-09

Jobs Reported

67

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1017923.00

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

33475

Originating Lender

South Shore Bank

Originating Lender City

WEYMOUTH

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1030340.05

Forgiveness Date

04/21/2022

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