Commonwealth Electrical Technologies, Inc.

$2,062,000 PPP Loan in Worcester, Massachusetts

Loan Details

Loan Number
4644687003
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$2,062,000
Current Approval
$2,062,000
Forgiveness Amount
$2,086,057
Forgiveness Date
Jun 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Commonwealth Electrical Technologies, Inc.
Address
125 Blackstone River Rd
ZIP Code
01607-1491
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
121
Estimated Revenue
$39.8M
Rural/Urban
Urban
Congressional District
MA-02

Loan Use Breakdown

Payroll
$2,062,000

Lender Information

Servicing Lender
Webster Five Cents Savings Bank
Originating Lender
Webster Five Cents Savings Bank

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