PPP Loan information for Mourad & sons construction & electric inc

$107,400

Mourad & sons construction & electric inc was initially approved for PPP Loan of amount $107,400, the current approved amount is $107,400. The loan was approved on 04/04/2020 by The Walpole Co-Operative Bank reported 10 jobs and $107,400 was used to fund payroll.

Mourad & sons construction & electric inc is Existing or more than 2 years old

PPP Loan Search / MA / WALPOLE / Mourad & sons construction & electric inc

MOURAD & SONS CONSTRUCTION & ELECTRIC INC

Date Approved

04/04/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MOURAD & SONS CONSTRUCTION & ELECTRIC INC

Borrower Address

76 Production Road Suite A

Borrower City

WALPOLE

Borrower State

MA

Borrower Zip

02081-1309

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

107400.00

Current Approval Amount

107400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89283

Servicing Lender Name

Walpole Co-Operative Bank

Servicing Lender Address

982 Main St

Servicing Lender City

WALPOLE

Servicing Lender State

MA

Servicing Lender Zip

02081-2828

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WALPOLE

Project County Name

NORFOLK

Project State

MA

Project Zip

02081-1309

CD

MA-08

Jobs Reported

10

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10000.00

Payroll Proceed

93400.00

Mortgage Interest Proceed

4000.00

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

89283

Originating Lender

Walpole Co-Operative Bank

Originating Lender City

WALPOLE

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

108432.23

Forgiveness Date

03/23/2021

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