PPP Loan information for Cummings electric pc

$292,865

Cummings electric pc was initially approved for PPP Loan of amount $292,865, the current approved amount is $292,865. The loan was approved on 02/03/2021 by The Northfield Savings Bank reported 25 jobs and $292,865 was used to fund payroll.

Cummings electric pc is Existing or more than 2 years old

CUMMINGS ELECTRIC PC

Date Approved

02/03/2021

SBA Office Code

0150

Processing Method

PPS

Borrower Name

CUMMINGS ELECTRIC PC

Borrower Address

80 Ethan Allen Dr

Borrower City

South Burlington

Borrower State

VT

Borrower Zip

05403-5971

Loan Status Date

02/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

292865.00

Current Approval Amount

292865.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73004

Servicing Lender Name

Northfield Savings Bank

Servicing Lender Address

33 S Main St

Servicing Lender City

NORTHFIELD

Servicing Lender State

VT

Servicing Lender Zip

05663-6703

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

South Burlington

Project County Name

CHITTENDEN

Project State

VT

Project Zip

05403-5971

CD

VT-

Jobs Reported

25

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

292862.00

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

73004

Originating Lender

Northfield Savings Bank

Originating Lender City

NORTHFIELD

Originating Lender State

VT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

294378.14

Forgiveness Date

08/18/2021

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