PPP Loan information for Sanibel electrical corporation

$212,700

Sanibel electrical corporation was initially approved for PPP Loan of amount $212,700, the current approved amount is $212,700. The loan was approved on 02/09/2021 by The Salem Five Cents Savings Bank reported 20 jobs and $212,700 was used to fund payroll.

Sanibel electrical corporation is Existing or more than 2 years old

PPP Loan Search / MA / Wilmington / Sanibel electrical corporation

SANIBEL ELECTRICAL CORPORATION

Date Approved

02/09/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

SANIBEL ELECTRICAL CORPORATION

Borrower Address

11 Eames St

Borrower City

Wilmington

Borrower State

MA

Borrower Zip

01887-3313

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

212700.00

Current Approval Amount

212700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33304

Servicing Lender Name

Salem Five Cents Savings Bank

Servicing Lender Address

210 Essex St

Servicing Lender City

SALEM

Servicing Lender State

MA

Servicing Lender Zip

01970-3705

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wilmington

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01887-3313

CD

MA-06

Jobs Reported

20

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

212700.00

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

Subchapter S Corporation

Originating Lender Location Id

33304

Originating Lender

Salem Five Cents Savings Bank

Originating Lender City

SALEM

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

213739.87

Forgiveness Date

08/06/2021

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