Taormina Electrical Inc.

$480,500 PPP Loan in Gloucester, Massachusetts

Loan Details

Loan Number
1382497109
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$480,500
Current Approval
$410,000
Forgiveness Amount
$413,212
Forgiveness Date
Jan 28, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Taormina Electrical Inc.
Address
5 Heritage Way
ZIP Code
01930-2212
Business Type
Corporation
Industry (NAICS)
Unknown (999990)
Business Age
Existing or more than 2 years old
Jobs Reported
32
Estimated Revenue
N/A
Rural/Urban
Urban
Congressional District
MA-06

Loan Use Breakdown

Payroll
$410,000

Lender Information

Servicing Lender
Salem Five Cents Savings Bank
Originating Lender
Salem Five Cents Savings Bank

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