PPP Loan information for New england door closer inc.

$318,005

New england door closer inc. was initially approved for PPP Loan of amount $318,005, the current approved amount is $318,005. The loan was approved on 01/20/2021 by The Westfield Bank reported 14 jobs and $318,005 was used to fund payroll.

New england door closer inc. is Existing or more than 2 years old

NEW ENGLAND DOOR CLOSER INC.

Date Approved

01/20/2021

SBA Office Code

0130

Processing Method

PPS

Borrower Name

NEW ENGLAND DOOR CLOSER INC.

Borrower Address

694 Union St

Borrower City

West Springfield

Borrower State

MA

Borrower Zip

01089-4111

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

318004.59

Current Approval Amount

318004.59

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33436

Servicing Lender Name

Westfield Bank

Servicing Lender Address

141 Elm St

Servicing Lender City

WESTFIELD

Servicing Lender State

MA

Servicing Lender Zip

01085-2910

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

West Springfield

Project County Name

HAMPDEN

Project State

MA

Project Zip

01089-4111

CD

MA-01

Jobs Reported

14

NAICS Code

238290

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

317998.59

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

Corporation

Originating Lender Location Id

33436

Originating Lender

Westfield Bank

Originating Lender City

WESTFIELD

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

319744.78

Forgiveness Date

08/11/2021

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