PPP Loan information for Driscoll electric co. inc.

$800,000

Driscoll electric co. inc. was initially approved for PPP Loan of amount $800,000, the current approved amount is $800,000. The loan was approved on 02/10/2021 by The Cambridge Savings Bank reported 60 jobs and $800,000 was used to fund payroll.

Driscoll electric co. inc. is Existing or more than 2 years old

PPP Loan Search / MA / Medford / Driscoll electric co. inc.

DRISCOLL ELECTRIC CO. INC.

Date Approved

02/10/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

DRISCOLL ELECTRIC CO. INC.

Borrower Address

83 Newbern Ave

Borrower City

Medford

Borrower State

MA

Borrower Zip

02155-6430

Loan Status Date

10/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

800000.00

Current Approval Amount

800000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32698

Servicing Lender Name

Cambridge Savings Bank

Servicing Lender Address

1374 Massachusetts Ave

Servicing Lender City

CAMBRIDGE

Servicing Lender State

MA

Servicing Lender Zip

02138-3822

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Medford

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02155-6430

CD

MA-05

Jobs Reported

60

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

800000.00

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

32698

Originating Lender

Cambridge Savings Bank

Originating Lender City

CAMBRIDGE

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

804909.59

Forgiveness Date

09/24/2021

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