PPP Loan information for J.m. electrical company, inc.

$5,336,482

J.m. electrical company, inc. was initially approved for PPP Loan of amount $3,265,673, the current approved amount is $5,336,482. The loan was approved on 04/06/2020 by The Eastern Bank reported 395 jobs and $5,336,482 was used to fund payroll.

J.m. electrical company, inc. is Existing or more than 2 years old

PPP Loan Search / MA / LYNNFIELD / J.m. electrical company, inc.

J.M. ELECTRICAL COMPANY, INC.

Date Approved

04/06/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

J.M. ELECTRICAL COMPANY, INC.

Borrower Address

471 BROADWAY

Borrower City

LYNNFIELD

Borrower State

MA

Borrower Zip

01940-1401

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3265673.00

Current Approval Amount

5336481.78

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

LYNNFIELD

Project County Name

ESSEX

Project State

MA

Project Zip

01940-1401

CD

MA-06

Jobs Reported

395

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

5336481.78

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

5398444.26

Forgiveness Date

06/09/2021

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