PPP Loan information for Electomechanica, inc.

$75,980

Electomechanica, inc. was initially approved for PPP Loan of amount $75,980, the current approved amount is $75,980. The loan was approved on 04/11/2020 by The BayCoast Bank reported 6 jobs and $75,980 was used to fund payroll.

Electomechanica, inc. is Existing or more than 2 years old

ELECTOMECHANICA, INC.

Date Approved

04/11/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

ELECTOMECHANICA, INC.

Borrower Address

13 Industrial Drive Unit 2R

Borrower City

MATTAPOISETT

Borrower State

MA

Borrower Zip

02739-1311

Loan Status Date

08/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

75980.00

Current Approval Amount

75980.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32784

Servicing Lender Name

BayCoast Bank

Servicing Lender Address

330 Swansea Mall Dr

Servicing Lender City

SWANSEA

Servicing Lender State

MA

Servicing Lender Zip

02777-4112

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MATTAPOISETT

Project County Name

PLYMOUTH

Project State

MA

Project Zip

02739-1311

CD

MA-09

Jobs Reported

6

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

75980.00

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

Subchapter S Corporation

Originating Lender Location Id

32784

Originating Lender

BayCoast Bank

Originating Lender City

SWANSEA

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

73033.11

Forgiveness Date

02/19/2021

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