Royal Electric Co. INC
$685,200 PPP Loan in Woodsville, New Hampshire
Loan Details
- Loan Number
- 5310417008
- Date Approved
- Apr 5, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $685,200
- Current Approval
- $685,200
- Forgiveness Amount
- $689,011
- Forgiveness Date
- Nov 3, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Royal Electric Co. INC
- Address
- 33 Central St
- City
- Woodsville
- State
- New Hampshire
- ZIP Code
- 03785-1006
- Business Type
- Corporation
- Industry (NAICS)
- Construction (238210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 58
- Estimated Revenue
- $19.1M
- Rural/Urban
- Rural
- Congressional District
- NH-02
Loan Use Breakdown
- Payroll
- $515,200
- Utilities
- $90,000
- Mortgage Interest
- $80,000
Lender Information
- Servicing Lender
- Wells River Savings Bank
- Originating Lender
- Wells River Savings Bank
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|---|---|---|
| Cottage Hospital | $3,649,800 |  Research |
| H.p. Cummings Construction Company | $920,800 | Research |
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| Abraham + Jacobs, Inc. | $75,123 | Research |
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