Downing Electric, Inc.

$236,800 PPP Loan in Hudson, Massachusetts

Loan Details

Loan Number
8213497001
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$236,800
Current Approval
$236,800
Forgiveness Amount
$239,332
Forgiveness Date
May 6, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Downing Electric, Inc.
Address
90 Cherry St
City
Hudson
ZIP Code
01749-2814
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
17
Estimated Revenue
$5.6M
Rural/Urban
Urban
Congressional District
MA-03

Loan Use Breakdown

Payroll
$236,800

Lender Information

Servicing Lender
Avidia Bank
Originating Lender
Avidia Bank

Other PPP Loans in Hudson, MA

BusinessApproved
Katahdin Industries, Inc.$2,819,710NewBizBotAI Deep Dive
Vision Government Solutions, INC$1,670,459NewBizBotAI Deep Dive
New England Infrastructure, Incorporated$1,166,500NewBizBotAI Deep Dive
Dex by Terra, Inc.$1,147,940NewBizBotAI Deep Dive
Anver Corporation$1,052,900NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free