PPP Loan information for Titan electric inc

$289,559

Titan electric inc was initially approved for PPP Loan of amount $175,000, the current approved amount is $289,559. The loan was approved on 04/07/2020 by The Eastern Bank reported 18 jobs and $289,559 was used to fund payroll.

Titan electric inc is New Business or 2 years or less

PPP Loan Search / NH / MANCHESTER / Titan electric inc

TITAN ELECTRIC INC

Date Approved

04/07/2020

SBA Office Code

0189

Processing Method

PPP

Borrower Name

TITAN ELECTRIC INC

Borrower Address

PO Box 5901

Borrower City

MANCHESTER

Borrower State

NH

Borrower Zip

03108-5901

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

175000.00

Current Approval Amount

289558.79

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

MANCHESTER

Project County Name

HILLSBOROUGH

Project State

NH

Project Zip

03108-5901

CD

NH-01

Jobs Reported

18

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

289558.79

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

293749.35

Forgiveness Date

09/20/2021

;