First Electric Motor Service, Inc.

$549,300 PPP Loan in Woburn, Massachusetts

Loan Details

Loan Number
4413627010
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$549,300
Current Approval
$549,300
Forgiveness Amount
$553,694
Forgiveness Date
Jan 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
First Electric Motor Service, Inc.
Address
73 Olympia Ave
City
Woburn
ZIP Code
01801-2022
Business Type
Corporation
Industry (NAICS)
Manufacturing (339999)
Business Age
Existing or more than 2 years old
Jobs Reported
33
Estimated Revenue
$9.2M
Rural/Urban
Urban
Congressional District
MA-05

Loan Use Breakdown

Payroll
$549,300

Lender Information

Servicing Lender
The Savings Bank
Originating Lender
The Savings Bank

Other PPP Loans in Woburn, MA

BusinessApproved
Fia Inc.$10,000,000NewBizBotAI Deep Dive
Next Step Healthcare LLC$10,000,000NewBizBotAI Deep Dive
Next Step Ma Master Subtenant, LLC$6,036,200NewBizBotAI Deep Dive
The Dolben Company, Inc.$5,570,000NewBizBotAI Deep Dive
Kamco Supply Corp. of Boston$5,500,000NewBizBotAI Deep Dive

Want to research this company further?