PPP Loan information for Favulli electric inc.

$285,700

Favulli electric inc. was initially approved for PPP Loan of amount $285,700, the current approved amount is $285,700. The loan was approved on 04/03/2020 by The Webster Five Cents Savings Bank reported 22 jobs and $285,700 was used to fund payroll.

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

PPP Loan Search / MA / WORCESTER / Favulli electric inc.

FAVULLI ELECTRIC INC.

Date Approved

04/03/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

FAVULLI ELECTRIC INC.

Borrower Address

281 Plantation St

Borrower City

WORCESTER

Borrower State

MA

Borrower Zip

01604-7725

Loan Status Date

01/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

285700.00

Current Approval Amount

285700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33428

Servicing Lender Name

Webster Five Cents Savings Bank

Servicing Lender Address

136 Thompson Rd

Servicing Lender City

WEBSTER

Servicing Lender State

MA

Servicing Lender Zip

01570-1416

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WORCESTER

Project County Name

WORCESTER

Project State

MA

Project Zip

01604-7725

CD

MA-02

Jobs Reported

22

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

285700.00

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

33428

Originating Lender

Webster Five Cents Savings Bank

Originating Lender City

WEBSTER

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

287652.28

Forgiveness Date

12/16/2020

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