Electrical Dynamics INC
$1,772,000 PPP Loan in North Reading, Massachusetts
Loan Details
- Loan Number
- 4677557006
- Date Approved
- Apr 4, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,772,000
- Current Approval
- $1,772,000
- Forgiveness Amount
- $1,783,715
- Forgiveness Date
- Dec 9, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Electrical Dynamics INC
- Address
- 72 B Concord Street
- City
- North Reading
- State
- Massachusetts
- ZIP Code
- 01864-2607
- Business Type
- Corporation
- Industry (NAICS)
- Construction (238210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 83
- Estimated Revenue
- $27.3M
- Rural/Urban
- Urban
- Congressional District
- MA-06
Loan Use Breakdown
- Payroll
- $1,614,700
- Rent
- $14,600
- Utilities
- $20,900
- Health Care
- $121,800
Lender Information
- Servicing Lender
- Enterprise Bank and Trust Company
- Originating Lender
- Enterprise Bank and Trust Company
Other PPP Loans in North Reading, MA
| Business | Approved | |
|---|---|---|
| Columbia Construction Company | $3,576,170 |  Research |
| Lown Acquisition, LLC | $1,487,190 | Research |
| Electrical Dynamics Inc. | $1,391,550 | Research |
| Moynihan North Reading Lumber INC | $1,330,600 | Research |
| Ngp Management, Llc. | $1,279,370 | Research |
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