PPP Loan information for John barnes electric inc

$98,535

John barnes electric inc was initially approved for PPP Loan of amount $98,535, the current approved amount is $98,535. The loan was approved on 05/01/2020 by The Eastern Bank reported 13 jobs and $98,535 was used to fund payroll.

John barnes electric inc is New Business or 2 years or less

JOHN BARNES ELECTRIC INC

Date Approved

05/01/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

JOHN BARNES ELECTRIC INC

Borrower Address

20 BRITTANIA CIR

Borrower City

SWAMPSCOTT

Borrower State

MA

Borrower Zip

01970

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

98535.00

Current Approval Amount

98535.00

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

Y

Business Age Description

New Business or 2 years or less

Project City

SWAMPSCOTT

Project County Name

ESSEX

Project State

MA

Project Zip

01970-0001

CD

MA-06

Jobs Reported

13

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

98535.00

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

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

99668.15

Forgiveness Date

06/30/2021

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