PPP Loan information for Springfield electrical co., inc.

$440,018

Springfield electrical co., inc. was initially approved for PPP Loan of amount $440,018, the current approved amount is $440,018. The loan was approved on 04/09/2020 by The New Valley Bank & Trust reported 10 jobs and $440,018 was used to fund payroll.

Springfield electrical co., inc. is Existing or more than 2 years old

PPP Loan Search / MA / SPRINGFIELD / Springfield electrical co., inc.

SPRINGFIELD ELECTRICAL CO., INC.

Date Approved

04/09/2020

SBA Office Code

0130

Processing Method

PPP

Borrower Name

SPRINGFIELD ELECTRICAL CO., INC.

Borrower Address

300 ALBANY ST

Borrower City

SPRINGFIELD

Borrower State

MA

Borrower Zip

01105-1017

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

440017.50

Current Approval Amount

440017.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

526572

Servicing Lender Name

New Valley Bank & Trust

Servicing Lender Address

One Monarch Place Suite 910

Servicing Lender City

Springfield

Servicing Lender State

MA

Servicing Lender Zip

01144

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SPRINGFIELD

Project County Name

HAMPDEN

Project State

MA

Project Zip

01105-1017

CD

MA-01

Jobs Reported

10

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

440017.50

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

526572

Originating Lender

New Valley Bank & Trust

Originating Lender City

Springfield

Originating Lender State

MA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

445068.66

Forgiveness Date

06/11/2021

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