PPP Loan information for Port electronics corporation

$203,633

Port electronics corporation was initially approved for PPP Loan of amount $212,131, the current approved amount is $203,633. The loan was approved on 04/07/2020 by The Eastern Bank reported 10 jobs and $203,633 was used to fund payroll.

Port electronics corporation is Existing or more than 2 years old

PPP Loan Search / MA / LAWRENCE / Port electronics corporation

PORT ELECTRONICS CORPORATION

Date Approved

04/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

PORT ELECTRONICS CORPORATION

Borrower Address

60 ISLAND ST

Borrower City

LAWRENCE

Borrower State

MA

Borrower Zip

01840-1803

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

212131.00

Current Approval Amount

203632.80

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LAWRENCE

Project County Name

ESSEX

Project State

MA

Project Zip

01840-1803

CD

MA-03

Jobs Reported

10

NAICS Code

423690

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

203632.80

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

205227.92

Forgiveness Date

01/25/2021

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