PPP Loan information for Mcelroy electronics corporation

$49,225

Mcelroy electronics corporation was initially approved for PPP Loan of amount $49,225, the current approved amount is $49,225. The loan was approved on 02/04/2021 by The Main Street Bank reported 6 jobs and $49,225 was used to fund payroll.

Mcelroy electronics corporation is Existing or more than 2 years old

PPP Loan Search / MA / Shirley / Mcelroy electronics corporation

MCELROY ELECTRONICS CORPORATION

Date Approved

02/04/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

MCELROY ELECTRONICS CORPORATION

Borrower Address

27 Fredonian St # 33

Borrower City

Shirley

Borrower State

MA

Borrower Zip

01464-2836

Loan Status Date

01/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

49225.00

Current Approval Amount

49225.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33042

Servicing Lender Name

Main Street Bank

Servicing Lender Address

81 Granger Blvd

Servicing Lender City

MARLBOROUGH

Servicing Lender State

MA

Servicing Lender Zip

01752-2851

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Shirley

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01464-2836

CD

MA-03

Jobs Reported

6

NAICS Code

423610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

49220.00

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

33042

Originating Lender

Main Street Bank

Originating Lender City

MARLBOROUGH

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

49636.33

Forgiveness Date

12/14/2021

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