PPP Loan information for Elromco, inc.

$51,625

Elromco, inc. was initially approved for PPP Loan of amount $51,625, the current approved amount is $51,625. The loan was approved on 04/30/2020 by The Bank of America, National Association reported 5 jobs and $51,625 was used to fund payroll.

Elromco, inc. is Existing or more than 2 years old

ELROMCO, INC.

Date Approved

04/30/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

ELROMCO, INC.

Borrower Address

500 TURNPIKE ST

Borrower City

CANTON

Borrower State

MA

Borrower Zip

02021-2723

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

51625.00

Current Approval Amount

51625.00

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

CANTON

Project County Name

NORFOLK

Project State

MA

Project Zip

02021-2723

CD

MA-08

Jobs Reported

5

NAICS Code

541519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

51625.00

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

52301.08

Forgiveness Date

08/27/2021

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