PPP Loan information for Electronic components, inc

$87,543

Electronic components, inc was initially approved for PPP Loan of amount $87,543, the current approved amount is $87,543. The loan was approved on 04/12/2020 by The Brookline Bank reported 6 jobs and $87,543 was used to fund payroll.

Electronic components, inc is Existing or more than 2 years old

PPP Loan Search / MA / FRAMINGHAM / Electronic components, inc

ELECTRONIC COMPONENTS, INC

Date Approved

04/12/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

ELECTRONIC COMPONENTS, INC

Borrower Address

296 IRVING ST

Borrower City

FRAMINGHAM

Borrower State

MA

Borrower Zip

01702-7359

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

87543.00

Current Approval Amount

87543.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32688

Servicing Lender Name

Brookline Bank

Servicing Lender Address

2 Harvard St

Servicing Lender City

BROOKLINE

Servicing Lender State

MA

Servicing Lender Zip

02445-7905

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FRAMINGHAM

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01702-7359

CD

MA-05

Jobs Reported

6

NAICS Code

423620

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

8754.30

Payroll Proceed

65657.25

Mortgage Interest Proceed

0.00

Rent Proceed

13131.45

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

32688

Originating Lender

Brookline Bank

Originating Lender City

BROOKLINE

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

88420.86

Forgiveness Date

04/22/2021

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