PPP Loan information for Sylvester electric

$483,400

Sylvester electric was initially approved for PPP Loan of amount $483,400, the current approved amount is $483,400. The loan was approved on 04/11/2020 by The Enterprise Bank and Trust Company reported 59 jobs and $483,400 was used to fund payroll.

Sylvester electric is Existing or more than 2 years old

SYLVESTER ELECTRIC

Date Approved

04/11/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

SYLVESTER ELECTRIC

Borrower Address

1215 MAIN ST, STE 104

Borrower City

TEWKSBURY

Borrower State

MA

Borrower Zip

01876-2009

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

483400.00

Current Approval Amount

483400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112598

Servicing Lender Name

Enterprise Bank and Trust Company

Servicing Lender Address

222 Merrimack St

Servicing Lender City

LOWELL

Servicing Lender State

MA

Servicing Lender Zip

01852-5913

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TEWKSBURY

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01876-2009

CD

MA-06

Jobs Reported

59

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

431500.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

51900.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

112598

Originating Lender

Enterprise Bank and Trust Company

Originating Lender City

LOWELL

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

489348.51

Forgiveness Date

07/09/2021

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