Newton Electrical Company INC

$312,462 PPP Loan in Newton Upper Falls, Massachusetts

Loan Details

Loan Number
3890318310
Date Approved
Jan 22, 2021
Loan Status
Paid in Full
Initial Approval
$312,462
Current Approval
$312,462
Forgiveness Amount
$314,398
Forgiveness Date
Sep 9, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Newton Electrical Company INC
Address
48 Mechanic St
ZIP Code
02464-1436
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423610)
Business Age
Existing or more than 2 years old
Jobs Reported
21
Estimated Revenue
$6.4M
Rural/Urban
Urban
Congressional District
MA-04

Loan Use Breakdown

Payroll
$312,458
Utilities
$1

Lender Information

Servicing Lender
Eastern Bank
Originating Lender
Eastern Bank

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