PPP Loan information for Welch electrical systems inc.

$99,457

Welch electrical systems inc. was initially approved for PPP Loan of amount $99,457, the current approved amount is $99,457. The loan was approved on 01/26/2021 by The South Shore Bank reported 6 jobs and $99,457 was used to fund payroll.

Welch electrical systems inc. is Existing or more than 2 years old

PPP Loan Search / MA / Rockland / Welch electrical systems inc.

WELCH ELECTRICAL SYSTEMS INC.

Date Approved

01/26/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

WELCH ELECTRICAL SYSTEMS INC.

Borrower Address

190 Pleasant St

Borrower City

Rockland

Borrower State

MA

Borrower Zip

02370-1229

Loan Status Date

01/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

99457.00

Current Approval Amount

99457.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33475

Servicing Lender Name

South Shore Bank

Servicing Lender Address

1530 Main St

Servicing Lender City

WEYMOUTH

Servicing Lender State

MA

Servicing Lender Zip

02190-1310

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rockland

Project County Name

PLYMOUTH

Project State

MA

Project Zip

02370-1229

CD

MA-09

Jobs Reported

6

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

99455.00

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

Subchapter S Corporation

Originating Lender Location Id

33475

Originating Lender

South Shore Bank

Originating Lender City

WEYMOUTH

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

100313.44

Forgiveness Date

12/09/2021

;