Taormina Electrical INC

$410,000 PPP Loan in Gloucester, Massachusetts

Loan Details

Loan Number
3843088408
Date Approved
Feb 5, 2021
Loan Status
Paid in Full
Initial Approval
$410,000
Current Approval
$410,000
Forgiveness Amount
$412,426
Forgiveness Date
Sep 10, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Taormina Electrical INC
Address
5 Heritage Way
ZIP Code
01930-2212
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
30
Estimated Revenue
$9.9M
Rural/Urban
Urban
Congressional District
MA-06

Loan Use Breakdown

Payroll
$409,996
Utilities
$1

Lender Information

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

Other PPP Loans in Gloucester, MA

BusinessApproved
Nsd Seafood Inc.$1,915,700NewBizBotResearch
Bomco Inc.$1,691,500NewBizBotResearch
Bomco, Inc.$1,691,500NewBizBotResearch
Beauport Gloucester$1,679,776NewBizBotResearch
Beauport Gloucester LLC$1,202,000NewBizBotResearch

Want to research this company further?

Try NewBizBot free