PPP Loan information for Outkast electrical contractors inc

$438,300

Outkast electrical contractors inc was initially approved for PPP Loan of amount $438,300, the current approved amount is $438,300. The loan was approved on 04/15/2020 by The Citizens Bank, National Association reported 20 jobs and $438,300 was used to fund payroll.

Outkast electrical contractors inc is Existing or more than 2 years old

PPP Loan Search / MA / Dorchester / Outkast electrical contractors inc

OUTKAST ELECTRICAL CONTRACTORS INC

Date Approved

04/15/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

OUTKAST ELECTRICAL CONTRACTORS INC

Borrower Address

39 Johnston Road

Borrower City

Dorchester

Borrower State

MA

Borrower Zip

02124

Loan Status Date

11/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

438300.00

Current Approval Amount

438300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

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

02124-0001

CD

MA-07

Jobs Reported

20

NAICS Code

238210

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

438300.00

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

444604.32

Forgiveness Date

10/07/2021

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