PPP Loan information for New england electrical sales inc

$62,925

New england electrical sales inc was initially approved for PPP Loan of amount $62,925, the current approved amount is $62,925. The loan was approved on 03/12/2021 by The Bank of America, National Association reported 6 jobs and $62,925 was used to fund payroll.

New england electrical sales inc is Existing or more than 2 years old

PPP Loan Search / NH / Derry / New england electrical sales inc

NEW ENGLAND ELECTRICAL SALES INC

Date Approved

03/12/2021

SBA Office Code

0189

Processing Method

PPS

Borrower Name

NEW ENGLAND ELECTRICAL SALES INC

Borrower Address

6 True Ave

Borrower City

Derry

Borrower State

NH

Borrower Zip

03038-1625

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

62925.00

Current Approval Amount

62925.00

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

Derry

Project County Name

ROCKINGHAM

Project State

NH

Project Zip

03038-1625

CD

NH-01

Jobs Reported

6

NAICS Code

425120

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

62925.00

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

63214.63

Forgiveness Date

09/01/2021

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