Electro-Term INC

$360,400 PPP Loan in Springfield, Massachusetts

Loan Details

Loan Number
7403327003
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$360,400
Current Approval
$360,400
Forgiveness Amount
$363,441
Forgiveness Date
Mar 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Electro-Term INC
Address
50 Warehouse St
ZIP Code
01118-1058
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423610)
Business Age
Existing or more than 2 years old
Jobs Reported
38
Estimated Revenue
$11.6M
Rural/Urban
Urban
Congressional District
MA-01

Loan Use Breakdown

Payroll
$360,400

Lender Information

Servicing Lender
Berkshire Bank
Originating Lender
Berkshire Bank

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