PPP Loan information for Mcdonough electric construction corporation

$378,257

Mcdonough electric construction corporation was initially approved for PPP Loan of amount $378,257, the current approved amount is $378,257. The loan was approved on 04/12/2020 by The Rockland Trust Company reported 10 jobs and $378,257 was used to fund payroll.

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

PPP Loan Search / MA / BEDFORD / Mcdonough electric construction corporation

MCDONOUGH ELECTRIC CONSTRUCTION CORPORATION

Date Approved

04/12/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MCDONOUGH ELECTRIC CONSTRUCTION CORPORATION

Borrower Address

10 Commercial Avenue

Borrower City

BEDFORD

Borrower State

MA

Borrower Zip

01730-2151

Loan Status Date

06/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

378257.00

Current Approval Amount

378257.00

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

378257.00

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

382396.81

Forgiveness Date

05/21/2021

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