PPP Loan information for Iec mechanical corporation

$210,300

Iec mechanical corporation was initially approved for PPP Loan of amount $210,300, the current approved amount is $210,300. The loan was approved on 04/04/2020 by The Digital FCU reported 16 jobs and $210,300 was used to fund payroll.

Iec mechanical corporation is Existing or more than 2 years old

IEC MECHANICAL CORPORATION

Date Approved

04/04/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

IEC MECHANICAL CORPORATION

Borrower Address

83 Leicester Street

Borrower City

NORTH OXFORD

Borrower State

MA

Borrower Zip

01537-1001

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

210300.00

Current Approval Amount

210300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

109589

Servicing Lender Name

Digital FCU

Servicing Lender Address

220 Donald Lynch Blvd

Servicing Lender City

MARLBOROUGH

Servicing Lender State

MA

Servicing Lender Zip

01752-4708

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTH OXFORD

Project County Name

WORCESTER

Project State

MA

Project Zip

01537-1001

CD

MA-01

Jobs Reported

16

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

23248.00

Payroll Proceed

169527.00

Mortgage Interest Proceed

0.00

Rent Proceed

5564.00

Refinance EIDL Proceed

0.00

Health Care Proceed

9097.00

Debt Interest Proceed

2864

Business Type

Corporation

Originating Lender Location Id

109589

Originating Lender

Digital FCU

Originating Lender City

MARLBOROUGH

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

213109.84

Forgiveness Date

08/11/2021

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