PPP Loan information for Ralph a. shalsi electric inc

$74,200

Ralph a. shalsi electric inc was initially approved for PPP Loan of amount $74,200, the current approved amount is $74,200. The loan was approved on 04/11/2020 by The Salem Five Cents Savings Bank reported 7 jobs and $74,200 was used to fund payroll.

Ralph a. shalsi electric inc is Existing or more than 2 years old

PPP Loan Search / MA / EVERETT / Ralph a. shalsi electric inc

RALPH A. SHALSI ELECTRIC INC

Date Approved

04/11/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

RALPH A. SHALSI ELECTRIC INC

Borrower Address

123 WAVERLY ST

Borrower City

EVERETT

Borrower State

MA

Borrower Zip

02149-2826

Loan Status Date

03/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

74200.00

Current Approval Amount

74200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33304

Servicing Lender Name

Salem Five Cents Savings Bank

Servicing Lender Address

210 Essex St

Servicing Lender City

SALEM

Servicing Lender State

MA

Servicing Lender Zip

01970-3705

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

EVERETT

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02149-2826

CD

MA-07

Jobs Reported

7

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

74200.00

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

33304

Originating Lender

Salem Five Cents Savings Bank

Originating Lender City

SALEM

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

74863.68

Forgiveness Date

03/09/2021

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