PPP Loan information for D & r electric corp

$128,310

D & r electric corp was initially approved for PPP Loan of amount $128,310, the current approved amount is $128,310. The loan was approved on 04/28/2020 by The Watertown Savings Bank reported 7 jobs and $128,310 was used to fund payroll.

D & r electric corp is Existing or more than 2 years old

D & R ELECTRIC CORP

Date Approved

04/28/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

D & R ELECTRIC CORP

Borrower Address

112 DEXTER AVE

Borrower City

WATERTOWN

Borrower State

MA

Borrower Zip

02472-4241

Loan Status Date

04/12/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

128310.00

Current Approval Amount

128310.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33420

Servicing Lender Name

Watertown Savings Bank

Servicing Lender Address

60 Main St

Servicing Lender City

WATERTOWN

Servicing Lender State

MA

Servicing Lender Zip

02472-4413

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WATERTOWN

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02472-4241

CD

MA-05

Jobs Reported

7

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

128310.00

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

33420

Originating Lender

Watertown Savings Bank

Originating Lender City

WATERTOWN

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

129439.84

Forgiveness Date

03/18/2021

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