PPP Loan information for Resendes electric inc

$53,325

Resendes electric inc was initially approved for PPP Loan of amount $53,325, the current approved amount is $53,325. The loan was approved on 01/27/2021 by The Mechanics Cooperative Bank reported 5 jobs and $53,325 was used to fund payroll.

Resendes electric inc is Existing or more than 2 years old

RESENDES ELECTRIC INC

Date Approved

01/27/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

RESENDES ELECTRIC INC

Borrower Address

169 Reservoir Ave

Borrower City

Swansea

Borrower State

MA

Borrower Zip

02777-3559

Loan Status Date

03/04/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

53325.00

Current Approval Amount

53325.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89240

Servicing Lender Name

Mechanics Cooperative Bank

Servicing Lender Address

308 Bay St

Servicing Lender City

TAUNTON

Servicing Lender State

MA

Servicing Lender Zip

02780-1834

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Swansea

Project County Name

BRISTOL

Project State

MA

Project Zip

02777-3559

CD

MA-04

Jobs Reported

5

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

53322.00

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

89240

Originating Lender

Mechanics Cooperative Bank

Originating Lender City

TAUNTON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

53901.21

Forgiveness Date

03/01/2022

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