PPP Loan information for Nardone electrical corporation

$1,598,600

Nardone electrical corporation was initially approved for PPP Loan of amount $1,598,600, the current approved amount is $1,598,600. The loan was approved on 04/06/2020 by The Eastern Bank reported 102 jobs and $1,598,600 was used to fund payroll.

Nardone electrical corporation is Existing or more than 2 years old

PPP Loan Search / MA / WOBURN / Nardone electrical corporation

NARDONE ELECTRICAL CORPORATION

Date Approved

04/06/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

NARDONE ELECTRICAL CORPORATION

Borrower Address

160 Olympia Avenue

Borrower City

WOBURN

Borrower State

MA

Borrower Zip

01801-2058

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1598600.00

Current Approval Amount

1598600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WOBURN

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01801-2058

CD

MA-05

Jobs Reported

102

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1598600.00

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1610411.88

Forgiveness Date

01/12/2021

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