Phoenix Electric Corp.

$864,000 PPP Loan in Canton, Massachusetts

Loan Details

Loan Number
2597188304
Date Approved
Jan 21, 2021
Loan Status
Paid in Full
Initial Approval
$864,000
Current Approval
$864,000
Forgiveness Amount
$868,416
Forgiveness Date
Aug 6, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Phoenix Electric Corp.
Address
40 Hudson Rd
City
Canton
ZIP Code
02021-1407
Business Type
Corporation
Industry (NAICS)
Manufacturing (335999)
Business Age
Existing or more than 2 years old
Jobs Reported
65
Estimated Revenue
$17.0M
Rural/Urban
Urban
Congressional District
MA-08

Loan Use Breakdown

Payroll
$863,997
Utilities
$1

Lender Information

Servicing Lender
The Bank of Canton
Originating Lender
The Bank of Canton

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