PPP Loan information for Cole electric inc.

$365,000

Cole electric inc. was initially approved for PPP Loan of amount $365,000, the current approved amount is $365,000. The loan was approved on 01/17/2021 by The Ledyard National Bank reported 27 jobs and $365,000 was used to fund payroll.

Cole electric inc. is Existing or more than 2 years old

PPP Loan Search / VT / East Thetford / Cole electric inc.

COLE ELECTRIC INC.

Date Approved

01/17/2021

SBA Office Code

0150

Processing Method

PPS

Borrower Name

COLE ELECTRIC INC.

Borrower Address

205 Church Ln

Borrower City

East Thetford

Borrower State

VT

Borrower Zip

05043-4438

Loan Status Date

03/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

365000.00

Current Approval Amount

365000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117112

Servicing Lender Name

Ledyard National Bank

Servicing Lender Address

320 Main St

Servicing Lender City

NORWICH

Servicing Lender State

VT

Servicing Lender Zip

05055-4418

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

East Thetford

Project County Name

ORANGE

Project State

VT

Project Zip

05043-4438

CD

VT-

Jobs Reported

27

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

364997.00

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

117112

Originating Lender

Ledyard National Bank

Originating Lender City

NORWICH

Originating Lender State

VT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

368760.00

Forgiveness Date

02/02/2022

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