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
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

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