Norwood Electric Inc.

$159,857 PPP Loan in Peabody, Massachusetts

Loan Details

Loan Number
4603017201
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$159,857
Current Approval
$159,857
Forgiveness Amount
$162,277
Forgiveness Date
Nov 3, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Norwood Electric Inc.
Address
36 Walnut St
ZIP Code
01960
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
16
Estimated Revenue
$5.3M
Rural/Urban
Urban
Congressional District
MA-06

Loan Use Breakdown

Payroll
$159,857

Lender Information

Servicing Lender
Eastern Bank
Originating Lender
Eastern Bank

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