PPP Loan information for New england collision equipment, inc.

$62,500

New england collision equipment, inc. was initially approved for PPP Loan of amount $62,500, the current approved amount is $62,500. The loan was approved on 04/07/2020 by The Walpole Co-Operative Bank reported 44 jobs and $62,500 was used to fund payroll.

New england collision equipment, inc. is Existing or more than 2 years old

NEW ENGLAND COLLISION EQUIPMENT, INC.

Date Approved

04/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

NEW ENGLAND COLLISION EQUIPMENT, INC.

Borrower Address

393 OAKLAND ST

Borrower City

MANSFIELD

Borrower State

MA

Borrower Zip

02048-1515

Loan Status Date

06/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

62500.00

Current Approval Amount

62500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89283

Servicing Lender Name

Walpole Co-Operative Bank

Servicing Lender Address

982 Main St

Servicing Lender City

WALPOLE

Servicing Lender State

MA

Servicing Lender Zip

02081-2828

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MANSFIELD

Project County Name

BRISTOL

Project State

MA

Project Zip

02048-1515

CD

MA-04

Jobs Reported

44

NAICS Code

811121

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

50000.00

Mortgage Interest Proceed

0.00

Rent Proceed

12500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

89283

Originating Lender

Walpole Co-Operative Bank

Originating Lender City

WALPOLE

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

63006.94

Forgiveness Date

02/02/2021

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