PPP Loan information for New bedford management systems inc

$1,218,627

New bedford management systems inc was initially approved for PPP Loan of amount $1,218,627, the current approved amount is $1,218,627. The loan was approved on 05/02/2021 by The TD Bank, National Association reported 125 jobs and $1,218,627 was used to fund payroll.

New bedford management systems inc is Existing or more than 2 years old

NEW BEDFORD MANAGEMENT SYSTEMS INC

Date Approved

05/02/2021

SBA Office Code

0101

Processing Method

PPP

Borrower Name

NEW BEDFORD MANAGEMENT SYSTEMS INC

Borrower Address

863 Hathaway Rd

Borrower City

New Bedford

Borrower State

MA

Borrower Zip

02740-1916

Loan Status Date

04/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1218627.00

Current Approval Amount

1218627.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29805

Servicing Lender Name

TD Bank, National Association

Servicing Lender Address

2035 Limestone Rd

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19808-5529

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

New Bedford

Project County Name

BRISTOL

Project State

MA

Project Zip

02740-1916

CD

MA-09

Jobs Reported

125

NAICS Code

623110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1218622.00

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

501(c)3 – Non Profit

Originating Lender Location Id

29805

Originating Lender

TD Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

1228714.52

Forgiveness Date

03/02/2022

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