PPP Loan information for New england excess exchange, ltd.

$675,000

New england excess exchange, ltd. was initially approved for PPP Loan of amount $675,000, the current approved amount is $675,000. The loan was approved on 04/05/2020 by The Community National Bank reported 45 jobs and $675,000 was used to fund payroll.

New england excess exchange, ltd. is Existing or more than 2 years old

NEW ENGLAND EXCESS EXCHANGE, LTD.

Date Approved

04/05/2020

SBA Office Code

0150

Processing Method

PPP

Borrower Name

NEW ENGLAND EXCESS EXCHANGE, LTD.

Borrower Address

57 Parker Street

Borrower City

BARRE

Borrower State

VT

Borrower Zip

05641

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

675000.00

Current Approval Amount

675000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72972

Servicing Lender Name

Community National Bank

Servicing Lender Address

4811 US Rte 5

Servicing Lender City

DERBY

Servicing Lender State

VT

Servicing Lender Zip

05829

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BARRE

Project County Name

WASHINGTON

Project State

VT

Project Zip

05641-0001

CD

VT-

Jobs Reported

45

NAICS Code

524210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

630600.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

44400.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

72972

Originating Lender

Community National Bank

Originating Lender City

DERBY

Originating Lender State

VT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

680973.29

Forgiveness Date

03/05/2021

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