PPP Loan information for Convectronics inc

$125,277

Convectronics inc was initially approved for PPP Loan of amount $125,277, the current approved amount is $125,277. The loan was approved on 01/23/2021 by The Santander Bank, National Association reported 12 jobs and $125,277 was used to fund payroll.

Convectronics inc is Existing or more than 2 years old

PPP Loan Search / MA / Haverhill / Convectronics inc

CONVECTRONICS INC

Date Approved

01/23/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

CONVECTRONICS INC

Borrower Address

111 Neck Rd

Borrower City

Haverhill

Borrower State

MA

Borrower Zip

01835-8027

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

125277.00

Current Approval Amount

125277.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84894

Servicing Lender Name

Santander Bank, National Association

Servicing Lender Address

824 N Market St, Ste 100

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-4937

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Haverhill

Project County Name

ESSEX

Project State

MA

Project Zip

01835-8027

CD

MA-03

Jobs Reported

12

NAICS Code

335210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

125275.00

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

84894

Originating Lender

Santander Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

125754.08

Forgiveness Date

06/15/2021

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