Baynes Electric Supply Co INC

$922,802 PPP Loan in West Bridgewater, Massachusetts

Loan Details

Loan Number
7568077107
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$922,802
Current Approval
$922,802
Forgiveness Amount
$819,261
Forgiveness Date
Feb 10, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Baynes Electric Supply Co INC
Address
321 Manley Street
ZIP Code
02379
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423610)
Business Age
Existing or more than 2 years old
Jobs Reported
54
Estimated Revenue
$16.5M
Rural/Urban
Urban
Congressional District
MA-08

Loan Use Breakdown

Payroll
$922,802

Lender Information

Servicing Lender
Rockland Trust Company
Originating Lender
Rockland Trust Company

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