PPP Loan information for New england cooling towers, inc.

$357,700

New england cooling towers, inc. was initially approved for PPP Loan of amount $357,700, the current approved amount is $357,700. The loan was approved on 04/06/2020 by The The Lowell Five Cent Savings Bank reported 26 jobs and $357,700 was used to fund payroll.

New england cooling towers, inc. is Existing or more than 2 years old

PPP Loan Search / MA / TYNGSBORO / New england cooling towers, inc.

NEW ENGLAND COOLING TOWERS, INC.

Date Approved

04/06/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

NEW ENGLAND COOLING TOWERS, INC.

Borrower Address

69 WESTECH DR

Borrower City

TYNGSBORO

Borrower State

MA

Borrower Zip

01879-2720

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

357700.00

Current Approval Amount

357700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32962

Servicing Lender Name

The Lowell Five Cent Savings Bank

Servicing Lender Address

34 John St

Servicing Lender City

LOWELL

Servicing Lender State

MA

Servicing Lender Zip

01852-1107

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TYNGSBORO

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01879-2720

CD

MA-03

Jobs Reported

26

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2235.15

Payroll Proceed

196664.85

Mortgage Interest Proceed

0.00

Rent Proceed

8000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

150800.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

32962

Originating Lender

The Lowell Five Cent Savings Bank

Originating Lender City

LOWELL

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

359669.80

Forgiveness Date

11/03/2020

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