PPP Loan information for New england college

$3,990,200

New england college was initially approved for PPP Loan of amount $3,990,200, the current approved amount is $3,990,200. The loan was approved on 04/06/2020 by The Bank of New Hampshire reported 383 jobs and $3,990,200 was used to fund payroll.

New england college is Existing or more than 2 years old

NEW ENGLAND COLLEGE

Date Approved

04/06/2020

SBA Office Code

0189

Processing Method

PPP

Borrower Name

NEW ENGLAND COLLEGE

Borrower Address

98 Bridge Street

Borrower City

HENNIKER

Borrower State

NH

Borrower Zip

03242-3292

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3990200.00

Current Approval Amount

3990200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

43105

Servicing Lender Name

Bank of New Hampshire

Servicing Lender Address

62 Pleasant St

Servicing Lender City

LACONIA

Servicing Lender State

NH

Servicing Lender Zip

03246-3420

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HENNIKER

Project County Name

MERRIMACK

Project State

NH

Project Zip

03242-3292

CD

NH-02

Jobs Reported

383

NAICS Code

611310

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3990200.00

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

Non-Profit Organization

Originating Lender Location Id

43105

Originating Lender

Bank of New Hampshire

Originating Lender City

LACONIA

Originating Lender State

NH

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

4036863.17

Forgiveness Date

06/09/2021

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