Driscoll Electric, Co., Inc.
$800,500 PPP Loan in Medford, Massachusetts
Loan Details
- Loan Number
- 3926177105
- Date Approved
- Apr 12, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $800,500
- Current Approval
- $800,500
- Forgiveness Amount
- $807,123
- Forgiveness Date
- Feb 17, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Driscoll Electric, Co., Inc.
- Address
- 83 Newbern Ave
- City
- Medford
- State
- Massachusetts
- ZIP Code
- 02155-6430
- Business Type
- Corporation
- Industry (NAICS)
- Construction (238210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 50
- Estimated Revenue
- $16.5M
- Rural/Urban
- Urban
- Congressional District
- MA-05
Loan Use Breakdown
- Payroll
- $600,375
- Utilities
- $200,125
Lender Information
- Servicing Lender
- Cambridge Savings Bank
- Originating Lender
- Cambridge Savings Bank
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