The Collins Electric Company, Inc.

$3,014,487 PPP Loan in Chicopee, Massachusetts

Loan Details

Loan Number
6534057000
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$3,014,487
Current Approval
$3,014,487
Forgiveness Amount
$3,042,957
Forgiveness Date
Mar 23, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
The Collins Electric Company, Inc.
Address
53 2nd Ave
ZIP Code
01020-4624
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
116
Estimated Revenue
$38.2M
Rural/Urban
Urban
Congressional District
MA-01

Loan Use Breakdown

Payroll
$3,014,487

Lender Information

Servicing Lender
Westfield Bank
Originating Lender
Westfield Bank

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