PPP Loan information for Neel inc

$33,730

Neel inc was initially approved for PPP Loan of amount $33,730, the current approved amount is $33,730. The loan was approved on 02/20/2021 by The Reading Co-Operative Bank reported 4 jobs and $33,730 was used to fund payroll.

Neel inc is Existing or more than 2 years old

NEEL INC

Date Approved

02/20/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

NEEL INC

Borrower Address

234 Hampshire St Elaines Pizza

Borrower City

Lawrence

Borrower State

MA

Borrower Zip

01841-3626

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

33729.50

Current Approval Amount

33729.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89358

Servicing Lender Name

Reading Co-Operative Bank

Servicing Lender Address

180 Haven St

Servicing Lender City

READING

Servicing Lender State

MA

Servicing Lender Zip

01867-2921

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lawrence

Project County Name

ESSEX

Project State

MA

Project Zip

01841-3626

CD

MA-03

Jobs Reported

4

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

33729.50

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

Subchapter S Corporation

Originating Lender Location Id

89358

Originating Lender

Reading Co-Operative Bank

Originating Lender City

READING

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

33885.97

Forgiveness Date

08/10/2021

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