PPP Loan information for Titan electric inc

$268,570

Titan electric inc was initially approved for PPP Loan of amount $268,570, the current approved amount is $268,570. The loan was approved on 02/20/2021 by The Eastern Bank reported 17 jobs and $268,570 was used to fund payroll.

Titan electric inc is Existing or more than 2 years old

TITAN ELECTRIC INC

Date Approved

02/20/2021

SBA Office Code

0189

Processing Method

PPS

Borrower Name

TITAN ELECTRIC INC

Borrower Address

285 Addison Rd

Borrower City

Goffstown

Borrower State

NH

Borrower Zip

03045-2405

Loan Status Date

12/20/2022

Loan Status

Paid in Full

Term

59

SBA Guaranty Percentage

100

Initial Approval Amount

268570.00

Current Approval Amount

268570.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Goffstown

Project County Name

HILLSBOROUGH

Project State

NH

Project Zip

03045-2405

CD

NH-01

Jobs Reported

17

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

268565.00

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

273359.50

Forgiveness Date

11/30/2022

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