PPP Loan information for Hannon electric incorporated

$498,500

Hannon electric incorporated was initially approved for PPP Loan of amount $498,500, the current approved amount is $498,500. The loan was approved on 04/05/2020 by The Bluestone Bank reported 42 jobs and $498,500 was used to fund payroll.

Hannon electric incorporated is Existing or more than 2 years old

PPP Loan Search / MA / SOUTH EASTON / Hannon electric incorporated

HANNON ELECTRIC INCORPORATED

Date Approved

04/05/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

HANNON ELECTRIC INCORPORATED

Borrower Address

117 EASTMAN ST

Borrower City

SOUTH EASTON

Borrower State

MA

Borrower Zip

02375-1212

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

498500.00

Current Approval Amount

498500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32668

Servicing Lender Name

Bluestone Bank

Servicing Lender Address

756 Orchard St

Servicing Lender City

RAYNHAM

Servicing Lender State

MA

Servicing Lender Zip

02767-1028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOUTH EASTON

Project County Name

BRISTOL

Project State

MA

Project Zip

02375-1212

CD

MA-08

Jobs Reported

42

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

62312.00

Payroll Proceed

373875.00

Mortgage Interest Proceed

62313.00

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

32668

Originating Lender

Bluestone Bank

Originating Lender City

RAYNHAM

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

493147.78

Forgiveness Date

01/13/2021

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