ANDOVER ECE LLC. (MA) - 2020 PPP Loan Borrower Profile (# 5041378409)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ANDOVER ECE LLC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Massachusetts.

Loan Detail

Loan Number

5041378409

SBA Office Code

0101

Processing Method

PPS

Curent Loan Amount

$276,230

Date Loan was Approved

Feb 7, 2021

Amount Forgiven

$279,340.43

Date Loan was Forgiven

Apr 5, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

276,230

Lender

Live Oak Banking Company

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

624410

Borrower Location

Andover, MA

Project Location

Andover, MA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.