PPP Loan information for Sylvester electric inc.

$784,108

Sylvester electric inc. was initially approved for PPP Loan of amount $784,108, the current approved amount is $784,108. The loan was approved on 02/20/2021 by The Customers Bank reported 73 jobs and $784,108 was used to fund payroll.

Sylvester electric inc. is Existing or more than 2 years old

SYLVESTER ELECTRIC INC.

Date Approved

02/20/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

SYLVESTER ELECTRIC INC.

Borrower Address

1215 Main St Ste 104

Borrower City

Tewksbury

Borrower State

MA

Borrower Zip

01876-4707

Loan Status Date

03/25/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

784108.00

Current Approval Amount

784108.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

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

01876-4707

CD

MA-06

Jobs Reported

73

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

784108.00

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

121536

Originating Lender

Customers Bank

Originating Lender City

Malvern

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

791798.70

Forgiveness Date

03/03/2022

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