PPP Loan information for American electrical construction inc.

$293,865

American electrical construction inc. was initially approved for PPP Loan of amount $293,865, the current approved amount is $293,865. The loan was approved on 05/18/2021 by The Eastern Bank reported 12 jobs and $293,865 was used to fund payroll.

American electrical construction inc. is Existing or more than 2 years old

PPP Loan Search / MA / Plymouth / American electrical construction inc.

AMERICAN ELECTRICAL CONSTRUCTION INC.

Date Approved

05/18/2021

SBA Office Code

0101

Processing Method

PPP

Borrower Name

AMERICAN ELECTRICAL CONSTRUCTION INC.

Borrower Address

180 S Meadow Rd

Borrower City

Plymouth

Borrower State

MA

Borrower Zip

02360-8901

Loan Status Date

01/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

293865.00

Current Approval Amount

293865.00

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

Plymouth

Project County Name

PLYMOUTH

Project State

MA

Project Zip

02360-8901

CD

MA-09

Jobs Reported

12

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

293865.00

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

295489.42

Forgiveness Date

12/07/2021

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