PPP Loan information for The collins electric company, inc.

$3,014,487

The collins electric company, inc. was initially approved for PPP Loan of amount $3,014,487, the current approved amount is $3,014,487. The loan was approved on 04/07/2020 by The Westfield Bank reported 116 jobs and $3,014,487 was used to fund payroll.

The collins electric company, inc. is Existing or more than 2 years old

PPP Loan Search / MA / CHICOPEE / The collins electric company, inc.

THE COLLINS ELECTRIC COMPANY, INC.

Date Approved

04/07/2020

SBA Office Code

0130

Processing Method

PPP

Borrower Name

THE COLLINS ELECTRIC COMPANY, INC.

Borrower Address

53 2ND AVE

Borrower City

CHICOPEE

Borrower State

MA

Borrower Zip

01020-4624

Loan Status Date

04/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3014486.85

Current Approval Amount

3014486.85

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33436

Servicing Lender Name

Westfield Bank

Servicing Lender Address

141 Elm St

Servicing Lender City

WESTFIELD

Servicing Lender State

MA

Servicing Lender Zip

01085-2910

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHICOPEE

Project County Name

HAMPDEN

Project State

MA

Project Zip

01020-4624

CD

MA-01

Jobs Reported

116

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3014486.85

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

33436

Originating Lender

Westfield Bank

Originating Lender City

WESTFIELD

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

3042957.00

Forgiveness Date

03/23/2021

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