PPP Loan information for Mitchell electric inc

$261,400

Mitchell electric inc was initially approved for PPP Loan of amount $261,400, the current approved amount is $261,400. The loan was approved on 04/06/2020 by The Enterprise Bank and Trust Company reported 20 jobs and $261,400 was used to fund payroll.

Mitchell electric inc is Existing or more than 2 years old

PPP Loan Search / MA / TYNGSBORO / Mitchell electric inc

MITCHELL ELECTRIC INC

Date Approved

04/06/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MITCHELL ELECTRIC INC

Borrower Address

3 INDUSTRIAL WAY Unit A

Borrower City

TYNGSBORO

Borrower State

MA

Borrower Zip

01879-1432

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

261400.00

Current Approval Amount

261400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112598

Servicing Lender Name

Enterprise Bank and Trust Company

Servicing Lender Address

222 Merrimack St

Servicing Lender City

LOWELL

Servicing Lender State

MA

Servicing Lender Zip

01852-5913

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TYNGSBORO

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01879-1432

CD

MA-03

Jobs Reported

20

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6000.00

Payroll Proceed

219400.00

Mortgage Interest Proceed

10000.00

Rent Proceed

9700.00

Refinance EIDL Proceed

0.00

Health Care Proceed

16300.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

112598

Originating Lender

Enterprise Bank and Trust Company

Originating Lender City

LOWELL

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

263062.79

Forgiveness Date

12/02/2020

;