PPP Loan information for Atlantic electrical corporation

$49,750

Atlantic electrical corporation was initially approved for PPP Loan of amount $49,750, the current approved amount is $49,750. The loan was approved on 04/15/2020 by The Coastal Heritage Bank reported 4 jobs and $49,750 was used to fund payroll.

Atlantic electrical corporation is Existing or more than 2 years old

ATLANTIC ELECTRICAL CORPORATION

Date Approved

04/15/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

ATLANTIC ELECTRICAL CORPORATION

Borrower Address

15 HIGHLAND AVE

Borrower City

NAHANT

Borrower State

MA

Borrower Zip

01908-1134

Loan Status Date

09/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

49750.00

Current Approval Amount

49750.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89718

Servicing Lender Name

Coastal Heritage Bank

Servicing Lender Address

744 Broad St

Servicing Lender City

EAST WEYMOUTH

Servicing Lender State

MA

Servicing Lender Zip

02189-2004

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NAHANT

Project County Name

ESSEX

Project State

MA

Project Zip

01908-1134

CD

MA-06

Jobs Reported

4

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

49750.00

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

89718

Originating Lender

Coastal Heritage Bank

Originating Lender City

EAST WEYMOUTH

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

50417.88

Forgiveness Date

08/26/2021

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