PPP Loan information for Sparrow electric llc

$122,500

Sparrow electric llc was initially approved for PPP Loan of amount $122,500, the current approved amount is $122,500. The loan was approved on 04/27/2020 by The Cambridge Savings Bank reported 11 jobs and $122,500 was used to fund payroll.

Sparrow electric llc is Existing or more than 2 years old

PPP Loan Search / MA / MEDFORD / Sparrow electric llc

SPARROW ELECTRIC LLC

Date Approved

04/27/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

SPARROW ELECTRIC LLC

Borrower Address

151 MYSTIC AVE

Borrower City

MEDFORD

Borrower State

MA

Borrower Zip

02155-4632

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

122500.00

Current Approval Amount

122500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32698

Servicing Lender Name

Cambridge Savings Bank

Servicing Lender Address

1374 Massachusetts Ave

Servicing Lender City

CAMBRIDGE

Servicing Lender State

MA

Servicing Lender Zip

02138-3822

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MEDFORD

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02155-4632

CD

MA-05

Jobs Reported

11

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

122500.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

32698

Originating Lender

Cambridge Savings Bank

Originating Lender City

CAMBRIDGE

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

123198.08

Forgiveness Date

11/27/2020

;