PPP Loan information for Mcdonough electric construction corp

$450,000

Mcdonough electric construction corp was initially approved for PPP Loan of amount $450,000, the current approved amount is $450,000. The loan was approved on 03/18/2021 by The Rockland Trust Company reported 10 jobs and $450,000 was used to fund payroll.

Mcdonough electric construction corp is Existing or more than 2 years old

PPP Loan Search / MA / Bedford / Mcdonough electric construction corp

MCDONOUGH ELECTRIC CONSTRUCTION CORP

Date Approved

03/18/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

MCDONOUGH ELECTRIC CONSTRUCTION CORP

Borrower Address

10 Commercial Ave # 0

Borrower City

Bedford

Borrower State

MA

Borrower Zip

01730-2151

Loan Status Date

04/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

450000.00

Current Approval Amount

450000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33263

Servicing Lender Name

Rockland Trust Company

Servicing Lender Address

288 Union St

Servicing Lender City

ROCKLAND

Servicing Lender State

MA

Servicing Lender Zip

02370-1803

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bedford

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01730-2151

CD

MA-06

Jobs Reported

10

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

450000.00

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

33263

Originating Lender

Rockland Trust Company

Originating Lender City

ROCKLAND

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

454400.00

Forgiveness Date

03/17/2022

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