PPP Loan information for Southcoast electric co., inc.

$121,250

Southcoast electric co., inc. was initially approved for PPP Loan of amount $121,250, the current approved amount is $121,250. The loan was approved on 04/27/2020 by The Bristol County Savings Bank reported 10 jobs and $121,250 was used to fund payroll.

Southcoast electric co., inc. is New Business or 2 years or less

PPP Loan Search / MA / NEW BEDFORD / Southcoast electric co., inc.

SOUTHCOAST ELECTRIC CO., INC.

Date Approved

04/27/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

SOUTHCOAST ELECTRIC CO., INC.

Borrower Address

3057 ACUSHNET AVENUE

Borrower City

NEW BEDFORD

Borrower State

MA

Borrower Zip

02745

Loan Status Date

02/09/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

121250.00

Current Approval Amount

121250.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33371

Servicing Lender Name

Bristol County Savings Bank

Servicing Lender Address

29 Broadway

Servicing Lender City

TAUNTON

Servicing Lender State

MA

Servicing Lender Zip

02780-3269

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

NEW BEDFORD

Project County Name

BRISTOL

Project State

MA

Project Zip

02745-0001

CD

MA-09

Jobs Reported

10

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

121250.00

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

33371

Originating Lender

Bristol County Savings Bank

Originating Lender City

TAUNTON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

122253.68

Forgiveness Date

02/24/2021

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