PPP Loan information for Electronic assemblies mfg inc

$284,927

Electronic assemblies mfg inc was initially approved for PPP Loan of amount $284,927, the current approved amount is $284,927. The loan was approved on 03/12/2021 by The Bank of America, National Association reported 24 jobs and $284,927 was used to fund payroll.

Electronic assemblies mfg inc is Existing or more than 2 years old

PPP Loan Search / MA / Methuen / Electronic assemblies mfg inc

ELECTRONIC ASSEMBLIES MFG INC

Date Approved

03/12/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

ELECTRONIC ASSEMBLIES MFG INC

Borrower Address

126 Merrimack St

Borrower City

Methuen

Borrower State

MA

Borrower Zip

01844-6109

Loan Status Date

02/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

284927.00

Current Approval Amount

284927.00

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

Methuen

Project County Name

ESSEX

Project State

MA

Project Zip

01844-6109

CD

MA-03

Jobs Reported

24

NAICS Code

335999

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

284924.00

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

287401.57

Forgiveness Date

01/28/2022

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