PPP Loan information for J.l. newton inc.

$313,458

J.l. newton inc. was initially approved for PPP Loan of amount $313,458, the current approved amount is $313,458. The loan was approved on 02/09/2021 by The Eastern Bank reported 38 jobs and $313,458 was used to fund payroll.

J.l. newton inc. is Existing or more than 2 years old

PPP Loan Search / MA / Newton / J.l. newton inc.

J.L. NEWTON INC.

Date Approved

02/09/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

J.L. NEWTON INC.

Borrower Address

30 Langley Rd

Borrower City

Newton

Borrower State

MA

Borrower Zip

02459-1918

Loan Status Date

07/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

313458.25

Current Approval Amount

313458.25

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

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

1.00

Payroll Proceed

313456.25

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

317663.81

Forgiveness Date

06/08/2022

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