PPP Loan information for Electrical design and control co., inc.

$108,227

Electrical design and control co., inc. was initially approved for PPP Loan of amount $108,227, the current approved amount is $108,227. The loan was approved on 04/15/2020 by The Reading Co-Operative Bank reported 8 jobs and $108,227 was used to fund payroll.

Electrical design and control co., inc. is Existing or more than 2 years old

PPP Loan Search / MA / WILMINGTON / Electrical design and control co., inc.

ELECTRICAL DESIGN AND CONTROL CO., INC.

Date Approved

04/15/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

ELECTRICAL DESIGN AND CONTROL CO., INC.

Borrower Address

214 ANDOVER ST STE 9

Borrower City

WILMINGTON

Borrower State

MA

Borrower Zip

01887-1230

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

108226.65

Current Approval Amount

108226.65

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89358

Servicing Lender Name

Reading Co-Operative Bank

Servicing Lender Address

180 Haven St

Servicing Lender City

READING

Servicing Lender State

MA

Servicing Lender Zip

01867-2921

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WILMINGTON

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01887-1230

CD

MA-06

Jobs Reported

8

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

108226.65

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

89358

Originating Lender

Reading Co-Operative Bank

Originating Lender City

READING

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

109278.85

Forgiveness Date

04/08/2021

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