PPP Loan information for New england economic development corp.

$20,833

New england economic development corp. was initially approved for PPP Loan of amount $20,833, the current approved amount is $20,833. The loan was approved on 02/23/2021 by The UniBank for Savings reported 1 jobs and $20,833 was used to fund payroll.

New england economic development corp. is Existing or more than 2 years old

NEW ENGLAND ECONOMIC DEVELOPMENT CORP.

Date Approved

02/23/2021

SBA Office Code

0101

Processing Method

PPP

Borrower Name

NEW ENGLAND ECONOMIC DEVELOPMENT CORP.

Borrower Address

80 Orange St

Borrower City

Douglas

Borrower State

MA

Borrower Zip

01516-2708

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20832.50

Current Approval Amount

20832.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33377

Servicing Lender Name

UniBank for Savings

Servicing Lender Address

49 Church St

Servicing Lender City

WHITINSVILLE

Servicing Lender State

MA

Servicing Lender Zip

01588-1415

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Douglas

Project County Name

WORCESTER

Project State

MA

Project Zip

01516-2708

CD

MA-02

Jobs Reported

1

NAICS Code

541990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

20831.50

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

33377

Originating Lender

UniBank for Savings

Originating Lender City

WHITINSVILLE

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20895.00

Forgiveness Date

06/15/2021

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