PPP Loan information for Talbot electric inc

$96,842

Talbot electric inc was initially approved for PPP Loan of amount $96,842, the current approved amount is $96,842. The loan was approved on 02/03/2021 by The Eastern Bank reported 8 jobs and $96,842 was used to fund payroll.

Talbot electric inc is Existing or more than 2 years old

PPP Loan Search / MA / Salem / Talbot electric inc

TALBOT ELECTRIC INC

Date Approved

02/03/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

TALBOT ELECTRIC INC

Borrower Address

36 Jefferson Ave # 38

Borrower City

Salem

Borrower State

MA

Borrower Zip

01970-2914

Loan Status Date

01/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

96842.00

Current Approval Amount

96842.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Salem

Project County Name

ESSEX

Project State

MA

Project Zip

01970-2914

CD

MA-06

Jobs Reported

8

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

96836.00

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

97665.16

Forgiveness Date

12/14/2021

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