PPP Loan information for Electromechanica inc.

$76,624

Electromechanica inc. was initially approved for PPP Loan of amount $76,624, the current approved amount is $76,624. The loan was approved on 02/13/2021 by The BayCoast Bank reported 5 jobs and $76,624 was used to fund payroll.

Electromechanica inc. is Existing or more than 2 years old

PPP Loan Search / MA / Mattapoisett / Electromechanica inc.

ELECTROMECHANICA INC.

Date Approved

02/13/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

ELECTROMECHANICA INC.

Borrower Address

13 Industrial Dr Unit 2R

Borrower City

Mattapoisett

Borrower State

MA

Borrower Zip

02739-1324

Loan Status Date

01/21/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

76624.00

Current Approval Amount

76624.00

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

02739-1324

CD

MA-09

Jobs Reported

5

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

76623.00

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

77294.46

Forgiveness Date

12/29/2021

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