PPP Loan information for Goodless brothers electric company, inc.

$353,117

Goodless brothers electric company, inc. was initially approved for PPP Loan of amount $353,117, the current approved amount is $353,117. The loan was approved on 04/12/2020 by The Westfield Bank reported 21 jobs and $353,117 was used to fund payroll.

Goodless brothers electric company, inc. is Existing or more than 2 years old

GOODLESS BROTHERS ELECTRIC COMPANY, INC.

Date Approved

04/12/2020

SBA Office Code

0130

Processing Method

PPP

Borrower Name

GOODLESS BROTHERS ELECTRIC COMPANY, INC.

Borrower Address

100 MEMORIAL AVE

Borrower City

WEST SPRINGFIELD

Borrower State

MA

Borrower Zip

01089-4004

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

353117.00

Current Approval Amount

353117.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33436

Servicing Lender Name

Westfield Bank

Servicing Lender Address

141 Elm St

Servicing Lender City

WESTFIELD

Servicing Lender State

MA

Servicing Lender Zip

01085-2910

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WEST SPRINGFIELD

Project County Name

HAMPDEN

Project State

MA

Project Zip

01089-4004

CD

MA-01

Jobs Reported

21

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

353117.00

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

Subchapter S Corporation

Originating Lender Location Id

33436

Originating Lender

Westfield Bank

Originating Lender City

WESTFIELD

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

357236.70

Forgiveness Date

06/15/2021

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