PPP Loan information for First electronics corporation

$1,026,447

First electronics corporation was initially approved for PPP Loan of amount $1,026,447, the current approved amount is $1,026,447. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 130 jobs and $1,026,447 was used to fund payroll.

First electronics corporation is Existing or more than 2 years old

PPP Loan Search / MA / DORCHESTER / First electronics corporation

FIRST ELECTRONICS CORPORATION

Date Approved

05/01/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

FIRST ELECTRONICS CORPORATION

Borrower Address

71 VON HILLERN ST

Borrower City

DORCHESTER

Borrower State

MA

Borrower Zip

02125-1122

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1026447.00

Current Approval Amount

1026447.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DORCHESTER

Project County Name

SUFFOLK

Project State

MA

Project Zip

02125-1122

CD

MA-08

Jobs Reported

130

NAICS Code

334290

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1026447.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1041660.91

Forgiveness Date

10/28/2021

;