PPP Loan information for Young electrical services, inc.

$948,030

Young electrical services, inc. was initially approved for PPP Loan of amount $948,030, the current approved amount is $948,030. The loan was approved on 04/11/2020 by The Rockland Trust Company reported 66 jobs and $948,030 was used to fund payroll.

Young electrical services, inc. is Existing or more than 2 years old

PPP Loan Search / MA / TAUNTON / Young electrical services, inc.

YOUNG ELECTRICAL SERVICES, INC.

Date Approved

04/11/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

YOUNG ELECTRICAL SERVICES, INC.

Borrower Address

220 HIGH ST (rear)

Borrower City

TAUNTON

Borrower State

MA

Borrower Zip

02780-3540

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

948029.82

Current Approval Amount

948029.82

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33263

Servicing Lender Name

Rockland Trust Company

Servicing Lender Address

288 Union St

Servicing Lender City

ROCKLAND

Servicing Lender State

MA

Servicing Lender Zip

02370-1803

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

TAUNTON

Project County Name

BRISTOL

Project State

MA

Project Zip

02780-3540

CD

MA-04

Jobs Reported

66

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

948029.82

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

33263

Originating Lender

Rockland Trust Company

Originating Lender City

ROCKLAND

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

955666.73

Forgiveness Date

02/04/2021

;