Fall River Electrical Associates Company, Inc.

$791,000 PPP Loan in Fall River, Massachusetts

Loan Details

Loan Number
9462987001
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$791,000
Current Approval
$791,000
Forgiveness Amount
$798,317
Forgiveness Date
Mar 22, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Fall River Electrical Associates Company, Inc.
Address
74 Corneau St
ZIP Code
02721-3009
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
38
Estimated Revenue
$12.5M
Rural/Urban
Urban
Congressional District
MA-04

Loan Use Breakdown

Payroll
$763,000
Rent
$26,000
Utilities
$2,000

Lender Information

Servicing Lender
Bristol County Savings Bank
Originating Lender
Bristol County Savings Bank

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