Mec Electrical Contractors, Inc.
$539,500 PPP Loan in Chelmsford, Massachusetts
Loan Details
- Loan Number
- 4613297001
- Date Approved
- Apr 4, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $539,500
- Current Approval
- $539,500
- Forgiveness Amount
- $542,826
- Forgiveness Date
- Nov 27, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Mec Electrical Contractors, Inc.
- Address
- 100 High Street
- City
- Chelmsford
- State
- Massachusetts
- ZIP Code
- 01824-3419
- Business Type
- Corporation
- Industry (NAICS)
- Construction (238210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 34
- Estimated Revenue
- $11.2M
- Rural/Urban
- Urban
- Congressional District
- MA-03
Loan Use Breakdown
- Payroll
- $478,615
- Utilities
- $2,385
- Health Care
- $33,710
- Mortgage Interest
- $8,529
- Debt Interest
- $16,261
Lender Information
- Servicing Lender
- The Lowell Five Cent Savings Bank
- Originating Lender
- The Lowell Five Cent Savings Bank
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