PPP borrower record

TAORMINA ELECTRICAL INC. PPP loan record

Public SBA PPP loan record for TAORMINA ELECTRICAL INC.. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.

$410,000
Approved amount
$413,212
Forgiven amount
2020-04-10
Date approved

Borrower and loan details

Borrower
TAORMINA ELECTRICAL INC.
Loan number
1382497109
Business type
Corporation
Business age
Existing or more than 2 years old
Borrower city
Gloucester
Borrower state
Massachusetts
Borrower ZIP
01930
Jobs reported
32
Loan status
Paid in Full
Forgiveness date
2021-01-28
Servicing lender
Salem Five Cents Savings Bank
Originating lender
Salem Five Cents Savings Bank

Reported use of proceeds

Payroll
$410,000
Rent
N/A
Utilities
N/A
Mortgage interest
N/A
Health care
N/A
Debt interest
N/A

Location pages

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Source note

PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.
TAORMINA ELECTRICAL INC. PPP Loan Record | PPP Loan Map