PPP Loan information for Ducom electric inc

$436,992

Ducom electric inc was initially approved for PPP Loan of amount $435,930, the current approved amount is $436,992. The loan was approved on 04/07/2020 by The Bank of America, National Association reported 23 jobs and $436,992 was used to fund payroll.

Ducom electric inc is Existing or more than 2 years old

PPP Loan Search / MA / TEWKSBURY / Ducom electric inc

DUCOM ELECTRIC INC

Date Approved

04/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

DUCOM ELECTRIC INC

Borrower Address

1615 SHAWSHEEN ST STE 11

Borrower City

TEWKSBURY

Borrower State

MA

Borrower Zip

01876-1548

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

435930.00

Current Approval Amount

436992.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TEWKSBURY

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01876-1548

CD

MA-06

Jobs Reported

23

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

436992.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

440775.27

Forgiveness Date

03/10/2021

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