State Electric Corporation

$8,111,700 PPP Loan in Bedford, Massachusetts

Loan Details

Loan Number
4684277003
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$8,111,700
Current Approval
$8,111,700
Forgiveness Amount
$8,204,759
Forgiveness Date
Jun 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
State Electric Corporation
Address
2 Deangelo Dr
ZIP Code
01730-2204
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
397
Estimated Revenue
$130.6M
Rural/Urban
Urban
Congressional District
MA-06

Loan Use Breakdown

Utilities
$8,111,700

Lender Information

Servicing Lender
Salem Five Cents Savings Bank
Originating Lender
Salem Five Cents Savings Bank

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