PPP Loan information for Elcon group inc

$286,730

Elcon group inc was initially approved for PPP Loan of amount $286,730, the current approved amount is $286,730. The loan was approved on 05/01/2020 by The Middlesex Savings Bank reported 17 jobs and $286,730 was used to fund payroll.

Elcon group inc is Existing or more than 2 years old

PPP Loan Search / MA / HOPKINTON / Elcon group inc

ELCON GROUP INC

Date Approved

05/01/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

ELCON GROUP INC

Borrower Address

63 SOUTH ST Suite 190

Borrower City

HOPKINTON

Borrower State

MA

Borrower Zip

01748-2251

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

286730.00

Current Approval Amount

286730.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33108

Servicing Lender Name

Middlesex Savings Bank

Servicing Lender Address

6 Main St

Servicing Lender City

NATICK

Servicing Lender State

MA

Servicing Lender Zip

01760-4506

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HOPKINTON

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01748-2251

CD

MA-02

Jobs Reported

17

NAICS Code

561990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

50000.00

Payroll Proceed

215048.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

21682.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

33108

Originating Lender

Middlesex Savings Bank

Originating Lender City

NATICK

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

278259.70

Forgiveness Date

11/25/2020

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