PPP Loan information for Bare electric llc

$20,833

Bare electric llc was initially approved for PPP Loan of amount $20,833, the current approved amount is $20,833. The loan was approved on 03/25/2021 by The Reading Co-Operative Bank reported 1 jobs and $20,833 was used to fund payroll.

Bare electric llc is Existing or more than 2 years old

PPP Loan Search / MA / Lawrence / Bare electric llc

BARE ELECTRIC LLC

Date Approved

03/25/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

BARE ELECTRIC LLC

Borrower Address

242 Haverhill St

Borrower City

Lawrence

Borrower State

MA

Borrower Zip

01840-1434

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20833.33

Current Approval Amount

20833.33

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89358

Servicing Lender Name

Reading Co-Operative Bank

Servicing Lender Address

180 Haven St

Servicing Lender City

READING

Servicing Lender State

MA

Servicing Lender Zip

01867-2921

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lawrence

Project County Name

ESSEX

Project State

MA

Project Zip

01840-1434

CD

MA-03

Jobs Reported

1

NAICS Code

238210

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

20832.33

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

89358

Originating Lender

Reading Co-Operative Bank

Originating Lender City

READING

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20938.08

Forgiveness Date

09/24/2021

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