PPP Loan information for E-circuit motors inc

$230,000

E-circuit motors inc was initially approved for PPP Loan of amount $230,000, the current approved amount is $230,000. The loan was approved on 02/07/2021 by The JPMorgan Chase Bank, National Association reported 12 jobs and $230,000 was used to fund payroll.

E-circuit motors inc is Existing or more than 2 years old

PPP Loan Search / MA / Newton / E-circuit motors inc

E-CIRCUIT MOTORS INC

Date Approved

02/07/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

E-CIRCUIT MOTORS INC

Borrower Address

1 Gateway Ctr Ste 359

Borrower City

Newton

Borrower State

MA

Borrower Zip

02458-2807

Loan Status Date

12/22/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

230000.00

Current Approval Amount

230000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Newton

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02458-2807

CD

MA-04

Jobs Reported

12

NAICS Code

221118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

229997.00

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

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

231707.67

Forgiveness Date

11/08/2021

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