PPP Loan information for Fred borges electric inc

$140,530

Fred borges electric inc was initially approved for PPP Loan of amount $140,530, the current approved amount is $140,530. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 13 jobs and $140,530 was used to fund payroll.

Fred borges electric inc is New Business or 2 years or less

PPP Loan Search / MA / NEW BEDFORD / Fred borges electric inc

FRED BORGES ELECTRIC INC

Date Approved

05/01/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

FRED BORGES ELECTRIC INC

Borrower Address

1800 ACUSHNET AVE

Borrower City

NEW BEDFORD

Borrower State

MA

Borrower Zip

02746-2120

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

140530.00

Current Approval Amount

140530.00

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

Y

Business Age Description

New Business or 2 years or less

Project City

NEW BEDFORD

Project County Name

BRISTOL

Project State

MA

Project Zip

02746-2120

CD

MA-09

Jobs Reported

13

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

140530.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

141681.19

Forgiveness Date

02/25/2021

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