Independent Electric Supply Corp.
$1,488,000 PPP Loan in Somerville, Massachusetts
Loan Details
- Loan Number
- 5867397001
- Date Approved
- Apr 6, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,488,000
- Current Approval
- $1,488,000
- Forgiveness Amount
- $1,507,120
- Forgiveness Date
- Aug 2, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Independent Electric Supply Corp.
- Address
- 41 Innerbelt Rd
- City
- Somerville
- State
- Massachusetts
- ZIP Code
- 02143-4406
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Wholesale Trade (423610)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 85
- Estimated Revenue
- $26.0M
- Rural/Urban
- Urban
- Congressional District
- MA-07
Loan Use Breakdown
- Payroll
- $1,488,000
Lender Information
- Servicing Lender
- City National Bank
- Originating Lender
- City National Bank
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