PPP Loan information for John j farrell electric inc

$65,000

John j farrell electric inc was initially approved for PPP Loan of amount $65,000, the current approved amount is $65,000. The loan was approved on 04/05/2020 by The Walpole Co-Operative Bank reported 6 jobs and $65,000 was used to fund payroll.

John j farrell electric inc is Existing or more than 2 years old

PPP Loan Search / MA / CANTON / John j farrell electric inc

JOHN J FARRELL ELECTRIC INC

Date Approved

04/05/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

JOHN J FARRELL ELECTRIC INC

Borrower Address

480 NEPONSET ST 14B

Borrower City

CANTON

Borrower State

MA

Borrower Zip

02021-1900

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

65000.00

Current Approval Amount

65000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89283

Servicing Lender Name

Walpole Co-Operative Bank

Servicing Lender Address

982 Main St

Servicing Lender City

WALPOLE

Servicing Lender State

MA

Servicing Lender Zip

02081-2828

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CANTON

Project County Name

NORFOLK

Project State

MA

Project Zip

02021-1900

CD

MA-08

Jobs Reported

6

NAICS Code

238210

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

52000.00

Mortgage Interest Proceed

0.00

Rent Proceed

13000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

89283

Originating Lender

Walpole Co-Operative Bank

Originating Lender City

WALPOLE

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

65518.19

Forgiveness Date

01/28/2021

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