Penney Electrical Corp

$148,000 PPP Loan in Stoneham, Massachusetts

Loan Details

Loan Number
4757678406
Date Approved
Feb 6, 2021
Loan Status
Paid in Full
Initial Approval
$148,000
Current Approval
$148,000
Forgiveness Amount
$149,065
Forgiveness Date
Oct 27, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Penney Electrical Corp
Address
3 Daniel Dr
ZIP Code
02180-1975
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
11
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MA-05

Loan Use Breakdown

Payroll
$147,998
Utilities
$1

Lender Information

Servicing Lender
Eastern Bank
Originating Lender
Eastern Bank

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