PPP Loan information for Aldon electric inc

$2,000,000

Aldon electric inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/26/2021 by The Rockland Trust Company reported 175 jobs and $2,000,000 was used to fund payroll.

Aldon electric inc is Existing or more than 2 years old

PPP Loan Search / MA / East Weymouth / Aldon electric inc

ALDON ELECTRIC INC

Date Approved

01/26/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

ALDON ELECTRIC INC

Borrower Address

38 Greenwood Ave # 0

Borrower City

East Weymouth

Borrower State

MA

Borrower Zip

02189-1106

Loan Status Date

12/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

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

East Weymouth

Project County Name

NORFOLK

Project State

MA

Project Zip

02189-1106

CD

MA-08

Jobs Reported

175

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999994.00

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

33263

Originating Lender

Rockland Trust Company

Originating Lender City

ROCKLAND

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2016444.44

Forgiveness Date

11/19/2021

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