Sommer Electric Co Inc.

$71,779 PPP Loan in Adams, Massachusetts

Loan Details

Loan Number
7261638405
Date Approved
Feb 11, 2021
Loan Status
Paid in Full
Initial Approval
$71,779
Current Approval
$71,779
Forgiveness Amount
$72,432
Forgiveness Date
Jan 11, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Sommer Electric Co Inc.
Address
117 Grove St
City
Adams
ZIP Code
01220-9707
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
5
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MA-01

Loan Use Breakdown

Payroll
$71,777
Utilities
$1

Lender Information

Servicing Lender
Adams Community Bank
Originating Lender
Adams Community Bank

Other PPP Loans in Adams, MA

BusinessApproved
D and S Linen Services, Inc.$568,700NewBizBotAI Deep Dive
Atlantis Corporation East$364,500NewBizBotAI Deep Dive
Shine Wire Products, Inc.$360,000NewBizBotAI Deep Dive
Atlantis Corporation East$355,302NewBizBotAI Deep Dive
D&s Linen Services Inc.$348,255NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free