PPP Loan information for Murphy electric & industrial control llc

$2,000,000

Murphy electric & industrial control llc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/24/2021 by The South Shore Bank reported 110 jobs and $2,000,000 was used to fund payroll.

Murphy electric & industrial control llc is Existing or more than 2 years old

MURPHY ELECTRIC & INDUSTRIAL CONTROL LLC

Date Approved

02/24/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

MURPHY ELECTRIC & INDUSTRIAL CONTROL LLC

Borrower Address

7 Riverside Dr

Borrower City

Pembroke

Borrower State

MA

Borrower Zip

02359-1938

Loan Status Date

11/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33475

Servicing Lender Name

South Shore Bank

Servicing Lender Address

1530 Main St

Servicing Lender City

WEYMOUTH

Servicing Lender State

MA

Servicing Lender Zip

02190-1310

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Pembroke

Project County Name

PLYMOUTH

Project State

MA

Project Zip

02359-1938

CD

MA-09

Jobs Reported

110

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1999995.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

33475

Originating Lender

South Shore Bank

Originating Lender City

WEYMOUTH

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2013444.44

Forgiveness Date

10/27/2021

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