PPP Loan information for Inello electric llc

$185,000

Inello electric llc was initially approved for PPP Loan of amount $185,000, the current approved amount is $185,000. The loan was approved on 04/09/2020 by The Eastern Bank reported 19 jobs and $185,000 was used to fund payroll.

Inello electric llc is Existing or more than 2 years old

INELLO ELECTRIC LLC

Date Approved

04/09/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

INELLO ELECTRIC LLC

Borrower Address

200 LYNNWAY

Borrower City

REVERE

Borrower State

MA

Borrower Zip

02151-1753

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

185000.00

Current Approval Amount

185000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

REVERE

Project County Name

SUFFOLK

Project State

MA

Project Zip

02151-1753

CD

MA-05

Jobs Reported

19

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

185000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

186567.36

Forgiveness Date

02/24/2021

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