PPP Loan information for Laracy electrical contractors, inc.

$86,400

Laracy electrical contractors, inc. was initially approved for PPP Loan of amount $86,400, the current approved amount is $86,400. The loan was approved on 06/28/2020 by The Walpole Co-Operative Bank reported 6 jobs and $86,400 was used to fund payroll.

Laracy electrical contractors, inc. is Existing or more than 2 years old

PPP Loan Search / MA / WALPOLE / Laracy electrical contractors, inc.

LARACY ELECTRICAL CONTRACTORS, INC.

Date Approved

06/28/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

LARACY ELECTRICAL CONTRACTORS, INC.

Borrower Address

17 HANCOCK CT

Borrower City

WALPOLE

Borrower State

MA

Borrower Zip

02081-2180

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

86400.00

Current Approval Amount

86400.00

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

WALPOLE

Project County Name

NORFOLK

Project State

MA

Project Zip

02081-2180

CD

MA-08

Jobs Reported

6

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

11400.00

Payroll Proceed

75000.00

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

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

87254.40

Forgiveness Date

06/24/2021

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