PPP Loan information for Vma electric, inc.

$243,000

Vma electric, inc. was initially approved for PPP Loan of amount $243,000, the current approved amount is $243,000. The loan was approved on 05/01/2020 by The Main Street Bank reported 14 jobs and $243,000 was used to fund payroll.

Vma electric, inc. is Existing or more than 2 years old

VMA ELECTRIC, INC.

Date Approved

05/01/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

VMA ELECTRIC, INC.

Borrower Address

81 MAPLE ST

Borrower City

MARLBOROUGH

Borrower State

MA

Borrower Zip

01752-3265

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

243000.00

Current Approval Amount

243000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33042

Servicing Lender Name

Main Street Bank

Servicing Lender Address

81 Granger Blvd

Servicing Lender City

MARLBOROUGH

Servicing Lender State

MA

Servicing Lender Zip

01752-2851

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MARLBOROUGH

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01752-3265

CD

MA-03

Jobs Reported

14

NAICS Code

531120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

243000.00

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

33042

Originating Lender

Main Street Bank

Originating Lender City

MARLBOROUGH

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

245935.97

Forgiveness Date

07/26/2021

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