PPP Loan information for Potomac electric corp.

$209,400

Potomac electric corp. was initially approved for PPP Loan of amount $237,900, the current approved amount is $209,400. The loan was approved on 04/07/2020 by The The Cooperative Bank reported 21 jobs and $209,400 was used to fund payroll.

Potomac electric corp. is New Business or 2 years or less

PPP Loan Search / MA / HYDE PARK / Potomac electric corp.

POTOMAC ELECTRIC CORP.

Date Approved

04/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

POTOMAC ELECTRIC CORP.

Borrower Address

1 Westinghouse Plaza

Borrower City

HYDE PARK

Borrower State

MA

Borrower Zip

02136-2059

Loan Status Date

06/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

237900.00

Current Approval Amount

209400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89210

Servicing Lender Name

The Cooperative Bank

Servicing Lender Address

40 Belgrade Ave

Servicing Lender City

ROSLINDALE

Servicing Lender State

MA

Servicing Lender Zip

02131-3007

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

HYDE PARK

Project County Name

SUFFOLK

Project State

MA

Project Zip

02136-2059

CD

MA-07

Jobs Reported

21

NAICS Code

335312

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

209400.00

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

89210

Originating Lender

The Cooperative Bank

Originating Lender City

ROSLINDALE

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

211633.60

Forgiveness Date

05/07/2021

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