PPP Loan information for Spearsonelectric inc

$53,400

Spearsonelectric inc was initially approved for PPP Loan of amount $53,400, the current approved amount is $53,400. The loan was approved on 02/27/2021 by The Citizens Bank, National Association reported 4 jobs and $53,400 was used to fund payroll.

Spearsonelectric inc is Existing or more than 2 years old

PPP Loan Search / MA / Norwood / Spearsonelectric inc

SPEARSONELECTRIC INC

Date Approved

02/27/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

SPEARSONELECTRIC INC

Borrower Address

316 Nahatan St

Borrower City

Norwood

Borrower State

MA

Borrower Zip

02062-2712

Loan Status Date

10/22/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

53400.00

Current Approval Amount

53400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Norwood

Project County Name

NORFOLK

Project State

MA

Project Zip

02062-2712

CD

MA-08

Jobs Reported

4

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

53398.00

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

53705.77

Forgiveness Date

09/29/2021

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