PPP Loan information for Weston electric co., inc.

$20,374

Weston electric co., inc. was initially approved for PPP Loan of amount $20,374, the current approved amount is $20,374. The loan was approved on 04/27/2020 by The Cambridge Trust Company reported 1 jobs and $20,374 was used to fund payroll.

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

WESTON ELECTRIC CO., INC.

Date Approved

04/27/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

WESTON ELECTRIC CO., INC.

Borrower Address

11 Henshaw St West Newton Ma 02465-1610

Borrower City

West Newton

Borrower State

MA

Borrower Zip

02465

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

20374.45

Current Approval Amount

20374.45

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32708

Servicing Lender Name

Cambridge Trust Company

Servicing Lender Address

1336 Massachusetts Ave

Servicing Lender City

CAMBRIDGE

Servicing Lender State

MA

Servicing Lender Zip

02138-3842

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

West Newton

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02465-0001

CD

MA-04

Jobs Reported

1

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

385.00

Payroll Proceed

19339.45

Mortgage Interest Proceed

0.00

Rent Proceed

650.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

32708

Originating Lender

Cambridge Trust Company

Originating Lender City

CAMBRIDGE

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

20541.97

Forgiveness Date

02/25/2021

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