PPP Loan information for Local electrical services, inc.

$53,590

Local electrical services, inc. was initially approved for PPP Loan of amount $58,368, the current approved amount is $53,590. The loan was approved on 04/14/2020 by The Eastern Bank reported 20 jobs and $53,590 was used to fund payroll.

Local electrical services, inc. is Existing or more than 2 years old

LOCAL ELECTRICAL SERVICES, INC.

Date Approved

04/14/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

LOCAL ELECTRICAL SERVICES, INC.

Borrower Address

15 JEFFERSON RD

Borrower City

WESTFORD

Borrower State

MA

Borrower Zip

01886

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

58367.50

Current Approval Amount

53590.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

WESTFORD

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01886-0001

CD

MA-03

Jobs Reported

20

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

53590.00

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

54215.22

Forgiveness Date

06/24/2021

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