PPP Loan information for Family electric inc

$84,981

Family electric inc was initially approved for PPP Loan of amount $84,981, the current approved amount is $84,981. The loan was approved on 02/11/2021 by The Bank of America, National Association reported 6 jobs and $84,981 was used to fund payroll.

Family electric inc is Existing or more than 2 years old

PPP Loan Search / CT / Sandy Hook / Family electric inc

FAMILY ELECTRIC INC

Date Approved

02/11/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

FAMILY ELECTRIC INC

Borrower Address

27 Housatonic Dr

Borrower City

Sandy Hook

Borrower State

CT

Borrower Zip

06482-1060

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

84981.00

Current Approval Amount

84981.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sandy Hook

Project County Name

FAIRFIELD

Project State

CT

Project Zip

06482-1060

CD

CT-05

Jobs Reported

6

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

84977.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

85646.88

Forgiveness Date

11/26/2021

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