PPP Loan information for Ak electric inc.

$65,885

Ak electric inc. was initially approved for PPP Loan of amount $65,885, the current approved amount is $65,885. The loan was approved on 01/20/2021 by The Westfield Bank reported 6 jobs and $65,885 was used to fund payroll.

Ak electric inc. is Existing or more than 2 years old

AK ELECTRIC INC.

Date Approved

01/20/2021

SBA Office Code

0130

Processing Method

PPS

Borrower Name

AK ELECTRIC INC.

Borrower Address

345 Wilbraham St

Borrower City

Palmer

Borrower State

MA

Borrower Zip

01069-9533

Loan Status Date

08/12/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

65885.00

Current Approval Amount

65885.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33436

Servicing Lender Name

Westfield Bank

Servicing Lender Address

141 Elm St

Servicing Lender City

WESTFIELD

Servicing Lender State

MA

Servicing Lender Zip

01085-2910

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Palmer

Project County Name

HAMPDEN

Project State

MA

Project Zip

01069-9533

CD

MA-01

Jobs Reported

6

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

65883.00

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

Subchapter S Corporation

Originating Lender Location Id

33436

Originating Lender

Westfield Bank

Originating Lender City

WESTFIELD

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

66183.31

Forgiveness Date

07/08/2021

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