PPP Loan information for Yale electric east, llc

$1,007,700

Yale electric east, llc was initially approved for PPP Loan of amount $1,063,200, the current approved amount is $1,007,700. The loan was approved on 04/09/2020 by The Salem Five Cents Savings Bank reported 71 jobs and $1,007,700 was used to fund payroll.

Yale electric east, llc is Existing or more than 2 years old

PPP Loan Search / MA / CANTON / Yale electric east, llc

YALE ELECTRIC EAST, LLC

Date Approved

04/09/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

YALE ELECTRIC EAST, LLC

Borrower Address

55 SHAWMUT RD

Borrower City

CANTON

Borrower State

MA

Borrower Zip

02021-1408

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1063200.00

Current Approval Amount

1007700.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

CANTON

Project County Name

NORFOLK

Project State

MA

Project Zip

02021-1408

CD

MA-08

Jobs Reported

71

NAICS Code

423610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1007700.00

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

33304

Originating Lender

Salem Five Cents Savings Bank

Originating Lender City

SALEM

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1015593.65

Forgiveness Date

01/28/2021

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