PPP Loan information for Gable electric inc

$720,000

Gable electric inc was initially approved for PPP Loan of amount $720,000, the current approved amount is $720,000. The loan was approved on 04/07/2020 by The Greylock FCU reported 59 jobs and $720,000 was used to fund payroll.

Gable electric inc is New Business or 2 years or less

PPP Loan Search / MA / PITTSFIELD / Gable electric inc

GABLE ELECTRIC INC

Date Approved

04/07/2020

SBA Office Code

0130

Processing Method

PPP

Borrower Name

GABLE ELECTRIC INC

Borrower Address

5 Westview Rd

Borrower City

PITTSFIELD

Borrower State

MA

Borrower Zip

01201-5806

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

720000.00

Current Approval Amount

720000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

98464

Servicing Lender Name

Greylock FCU

Servicing Lender Address

150 West St

Servicing Lender City

PITTSFIELD

Servicing Lender State

MA

Servicing Lender Zip

01201-9114

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

PITTSFIELD

Project County Name

BERKSHIRE

Project State

MA

Project Zip

01201-5806

CD

MA-01

Jobs Reported

59

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3000.00

Payroll Proceed

690000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

27000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

98464

Originating Lender

Greylock FCU

Originating Lender City

PITTSFIELD

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

726000.00

Forgiveness Date

02/17/2021

;