PPP Loan information for Positive energy electric inc

$55,087

Positive energy electric inc was initially approved for PPP Loan of amount $55,087, the current approved amount is $55,087. The loan was approved on 03/20/2021 by The Coastal1 Credit Union reported 5 jobs and $55,087 was used to fund payroll.

Positive energy electric inc is Existing or more than 2 years old

POSITIVE ENERGY ELECTRIC INC

Date Approved

03/20/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

POSITIVE ENERGY ELECTRIC INC

Borrower Address

2053 Tower Hill Rd

Borrower City

Saunderstown

Borrower State

RI

Borrower Zip

02874-2809

Loan Status Date

12/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

55087.00

Current Approval Amount

55087.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

104790

Servicing Lender Name

Coastal1 Credit Union

Servicing Lender Address

1200 Central Ave

Servicing Lender City

PAWTUCKET

Servicing Lender State

RI

Servicing Lender Zip

02861-2200

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Saunderstown

Project County Name

WASHINGTON

Project State

RI

Project Zip

02874-2809

CD

RI-02

Jobs Reported

5

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

55087.00

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

104790

Originating Lender

Coastal1 Credit Union

Originating Lender City

PAWTUCKET

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

55408.34

Forgiveness Date

11/02/2021

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