Brothers Electrical Corporation

$610,424 PPP Loan in Newburyport, Massachusetts

Loan Details

Loan Number
2678247108
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$610,424
Current Approval
$610,424
Forgiveness Amount
$614,002
Forgiveness Date
Nov 19, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Brothers Electrical Corporation
Address
18 Graf Rd Unit 31
ZIP Code
01950-4030
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
43
Estimated Revenue
$14.1M
Rural/Urban
Urban
Congressional District
MA-06

Loan Use Breakdown

Payroll
$610,424

Lender Information

Servicing Lender
Newburyport Five Cents Savings Bank
Originating Lender
Newburyport Five Cents Savings Bank

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