PPP Loan information for Sonet electrical systems, llc

$447,325

Sonet electrical systems, llc was initially approved for PPP Loan of amount $447,325, the current approved amount is $447,325. The loan was approved on 04/14/2020 by The Rockland Trust Company reported 16 jobs and $447,325 was used to fund payroll.

Sonet electrical systems, llc is Existing or more than 2 years old

SONET ELECTRICAL SYSTEMS, LLC

Date Approved

04/14/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

SONET ELECTRICAL SYSTEMS, LLC

Borrower Address

10 Draper St Unit 1

Borrower City

WOBURN

Borrower State

MA

Borrower Zip

01801

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

447325.00

Current Approval Amount

447325.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33263

Servicing Lender Name

Rockland Trust Company

Servicing Lender Address

288 Union St

Servicing Lender City

ROCKLAND

Servicing Lender State

MA

Servicing Lender Zip

02370-1803

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

01801-0001

CD

MA-05

Jobs Reported

16

NAICS Code

238210

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

447325.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

33263

Originating Lender

Rockland Trust Company

Originating Lender City

ROCKLAND

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

453152.65

Forgiveness Date

08/09/2021

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