Federal Electronics, Inc. and
$1,135,000 PPP Loan in Cranston, Rhode Island
Loan Details
- Loan Number
- 4985527010
- Date Approved
- Apr 4, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,135,000
- Current Approval
- $1,135,000
- Forgiveness Amount
- $1,142,630
- Forgiveness Date
- Dec 17, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Federal Electronics, Inc. and
- Address
- 75 Stamp Farm Rd
- City
- Cranston
- State
- Rhode Island
- ZIP Code
- 02921-3401
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (334418)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 91
- Estimated Revenue
- $23.8M
- Rural/Urban
- Urban
- Congressional District
- RI-02
Loan Use Breakdown
- Payroll
- $1,135,000
Lender Information
- Servicing Lender
- Bank Rhode Island
- Originating Lender
- Bank Rhode Island
Other PPP Loans in Cranston, RI
| Business | Approved | |
|---|---|---|
| Taco INC | $8,158,133 | |
| Technic, Inc. | $5,507,510 | |
| Thielsch Engineering, Inc. | $4,535,162 | |
| Falvey Linen Supply INC | $3,995,000 | |
| Luxury Brand Holdings, INC | $3,146,600 |
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