PPP Loan information for Jl newton inc

$223,750

Jl newton inc was initially approved for PPP Loan of amount $223,750, the current approved amount is $223,750. The loan was approved on 04/10/2020 by The Eastern Bank reported 38 jobs and $223,750 was used to fund payroll.

Jl newton inc is Existing or more than 2 years old

PPP Loan Search / MA / NEWTON CENTER / Jl newton inc

JL NEWTON INC

Date Approved

04/10/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

JL NEWTON INC

Borrower Address

30 LANGLEY RD

Borrower City

NEWTON CENTER

Borrower State

MA

Borrower Zip

02459-1918

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

223750.00

Current Approval Amount

223750.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEWTON CENTER

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02459-1918

CD

MA-04

Jobs Reported

38

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

223750.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

226571.74

Forgiveness Date

07/22/2021

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