PPP Loan information for Electronic & mechanical inc

$137,600

Electronic & mechanical inc was initially approved for PPP Loan of amount $137,600, the current approved amount is $137,600. The loan was approved on 04/28/2020 by The The Bank of Canton reported 10 jobs and $137,600 was used to fund payroll.

Electronic & mechanical inc is Unanswered

PPP Loan Search / MA / SUTTON / Electronic & mechanical inc

ELECTRONIC & MECHANICAL INC

Date Approved

04/28/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

ELECTRONIC & MECHANICAL INC

Borrower Address

9 MAIN ST

Borrower City

SUTTON

Borrower State

MA

Borrower Zip

01590-1660

Loan Status Date

03/04/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

137600.00

Current Approval Amount

137600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32735

Servicing Lender Name

The Bank of Canton

Servicing Lender Address

490 Turnpike St

Servicing Lender City

CANTON

Servicing Lender State

MA

Servicing Lender Zip

02021-2704

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

SUTTON

Project County Name

WORCESTER

Project State

MA

Project Zip

01590-1660

CD

MA-02

Jobs Reported

10

NAICS Code

334513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

16700.00

Payroll Proceed

104200.00

Mortgage Interest Proceed

0.00

Rent Proceed

16700.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

32735

Originating Lender

The Bank of Canton

Originating Lender City

CANTON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

138888.09

Forgiveness Date

04/08/2021

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