PPP Loan information for K electric inc.

$226,625

K electric inc. was initially approved for PPP Loan of amount $226,625, the current approved amount is $226,625. The loan was approved on 02/16/2021 by The HarborOne Bank reported 13 jobs and $226,625 was used to fund payroll.

K electric inc. is Existing or more than 2 years old

PPP Loan Search / RI / Warwick / K electric inc.

K ELECTRIC INC.

Date Approved

02/16/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

K ELECTRIC INC.

Borrower Address

2646 Warwick Ave

Borrower City

Warwick

Borrower State

RI

Borrower Zip

02889-4269

Loan Status Date

09/30/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

226625.00

Current Approval Amount

226625.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

98258

Servicing Lender Name

HarborOne Bank

Servicing Lender Address

770 Oak St

Servicing Lender City

BROCKTON

Servicing Lender State

MA

Servicing Lender Zip

02301-1100

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Warwick

Project County Name

KENT

Project State

RI

Project Zip

02889-4269

CD

RI-02

Jobs Reported

13

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

226624.00

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

Subchapter S Corporation

Originating Lender Location Id

98258

Originating Lender

HarborOne Bank

Originating Lender City

BROCKTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

227686.72

Forgiveness Date

08/10/2021

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