As part of the Paycheck Protection Program INDEPENDENT ELECTRIC SUPPLY CORP was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

INDEPENDENT ELECTRIC SUPPLY CORP


Loan Amount	$1,488,000
BusinessName	INDEPENDENT ELECTRIC SUPPLY CORP
Address	41 INNERBELT RD
City	SOMERVILLE
State	MA
Zip	2143
NAICSCode	423610
BusinessType	Subchapter S Corporation
RaceEthnicity	Unanswered
Gender	Male Owned
Veteran	Non-Veteran
NonProfit
JobsReported	85
DateApproved	04/06/2020
Lender	City National Bank
CD	MA-07
BusinessName.clean	INDEPENDENT ELECTRIC SUPPLY CORP

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

INDEPENDENT EMERGENCY PHYSICIANS PC
INDEPENDENT ENTERPRISE
INDEPENDENT FINANCIAL GROUP
INDEPENDENT FOOD
INDEPENDENT FURNITURE SUPPLY CO