PPP Loan information for Welch electrical systems, inc.

$114,100

Welch electrical systems, inc. was initially approved for PPP Loan of amount $114,100, the current approved amount is $114,100. The loan was approved on 04/15/2020 by The South Shore Bank reported 8 jobs and $114,100 was used to fund payroll.

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

PPP Loan Search / MA / PLYMPTON / Welch electrical systems, inc.

WELCH ELECTRICAL SYSTEMS, INC.

Date Approved

04/15/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

WELCH ELECTRICAL SYSTEMS, INC.

Borrower Address

153 CENTER ST

Borrower City

PLYMPTON

Borrower State

MA

Borrower Zip

02367-1105

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

114100.00

Current Approval Amount

114100.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PLYMPTON

Project County Name

PLYMOUTH

Project State

MA

Project Zip

02367-1105

CD

MA-09

Jobs Reported

8

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

114100.00

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

115215.64

Forgiveness Date

04/08/2021

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