PPP Loan information for Cederholm electrical contractors

$32,500

Cederholm electrical contractors was initially approved for PPP Loan of amount $41,000, the current approved amount is $32,500. The loan was approved on 04/11/2020 by The South Shore Bank reported 2 jobs and $32,500 was used to fund payroll.

Cederholm electrical contractors is Existing or more than 2 years old

CEDERHOLM ELECTRICAL CONTRACTORS

Date Approved

04/11/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

CEDERHOLM ELECTRICAL CONTRACTORS

Borrower Address

14 CLAPP AVE

Borrower City

WEYMOUTH

Borrower State

MA

Borrower Zip

02188-2304

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

41000.00

Current Approval Amount

32500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33475

Servicing Lender Name

South Shore Bank

Servicing Lender Address

1530 Main St

Servicing Lender City

WEYMOUTH

Servicing Lender State

MA

Servicing Lender Zip

02190-1310

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEYMOUTH

Project County Name

NORFOLK

Project State

MA

Project Zip

02188-2304

CD

MA-08

Jobs Reported

2

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

32500.00

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

Sole Proprietorship

Originating Lender Location Id

33475

Originating Lender

South Shore Bank

Originating Lender City

WEYMOUTH

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

32731.11

Forgiveness Date

12/31/2020

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