PPP Loan information for Penney electrical corp.

$132,317

Penney electrical corp. was initially approved for PPP Loan of amount $146,215, the current approved amount is $132,317. The loan was approved on 04/15/2020 by The Eastern Bank reported 12 jobs and $132,317 was used to fund payroll.

Penney electrical corp. is Existing or more than 2 years old

PPP Loan Search / MA / STONEHAM / Penney electrical corp.

PENNEY ELECTRICAL CORP.

Date Approved

04/15/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

PENNEY ELECTRICAL CORP.

Borrower Address

3 DANIEL DR

Borrower City

STONEHAM

Borrower State

MA

Borrower Zip

02180

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

146215.00

Current Approval Amount

132317.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

STONEHAM

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02180-0001

CD

MA-05

Jobs Reported

12

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

132317.00

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

Corporation

Originating Lender Location Id

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

133963.61

Forgiveness Date

07/28/2021

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