Aldon Electric INC

$2,000,000 PPP Loan in East Weymouth, Massachusetts

Loan Details

Loan Number
6295618305
Date Approved
Jan 26, 2021
Loan Status
Paid in Full
Initial Approval
$2,000,000
Current Approval
$2,000,000
Forgiveness Amount
$2,016,444
Forgiveness Date
Nov 19, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Aldon Electric INC
Address
38 Greenwood Ave # 0
ZIP Code
02189-1106
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
175
Estimated Revenue
$57.6M
Rural/Urban
Urban
Congressional District
MA-08

Loan Use Breakdown

Payroll
$1,999,994
Utilities
$1

Lender Information

Servicing Lender
Rockland Trust Company
Originating Lender
Rockland Trust Company

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