PPP Loan information for Northeast electrical services, inc.

$375,000

Northeast electrical services, inc. was initially approved for PPP Loan of amount $375,000, the current approved amount is $375,000. The loan was approved on 04/09/2020 by The Dean Co-Operative Bank reported 20 jobs and $375,000 was used to fund payroll.

Northeast electrical services, inc. is Existing or more than 2 years old

NORTHEAST ELECTRICAL SERVICES, INC.

Date Approved

04/09/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

NORTHEAST ELECTRICAL SERVICES, INC.

Borrower Address

10 MILL ST

Borrower City

BELLINGHAM

Borrower State

MA

Borrower Zip

02019-1542

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

375000.00

Current Approval Amount

375000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89080

Servicing Lender Name

Dean Co-Operative Bank

Servicing Lender Address

21 Main St

Servicing Lender City

FRANKLIN

Servicing Lender State

MA

Servicing Lender Zip

02038-1957

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BELLINGHAM

Project County Name

NORFOLK

Project State

MA

Project Zip

02019-1542

CD

MA-04

Jobs Reported

20

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

375000.00

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

89080

Originating Lender

Dean Co-Operative Bank

Originating Lender City

FRANKLIN

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

377208.33

Forgiveness Date

11/19/2020

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