Newton Electrical Company, INC
$312,400 PPP Loan in Newton Upper Falls, Massachusetts
Loan Details
- Loan Number
- 2821327101
- Date Approved
- Apr 11, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $312,400
- Current Approval
- $312,400
- Forgiveness Amount
- $314,179
- Forgiveness Date
- Nov 23, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Newton Electrical Company, INC
- Address
- 48 Mechanic St
- State
- Massachusetts
- ZIP Code
- 02464-1436
- Business Type
- Corporation
- Industry (NAICS)
- Construction (238210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 21
- Estimated Revenue
- $6.9M
- Rural/Urban
- Urban
- Congressional District
- MA-04
Loan Use Breakdown
- Payroll
- $312,400
Lender Information
- Servicing Lender
- Eastern Bank
- Originating Lender
- Eastern Bank
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|---|---|---|
| Dane Street LLC | $2,000,000 |  Research |
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| Wexler Building Company | $1,436,521 | Research |
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| The Stone Institute and Newton Home for Aged People, Inc. | $1,309,518 | Research |
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