PPP Loan information for New england industrial supply

$283,000

New england industrial supply was initially approved for PPP Loan of amount $283,000, the current approved amount is $283,000. The loan was approved on 04/27/2020 by The Eagle Bank reported 21 jobs and $283,000 was used to fund payroll.

New england industrial supply is Existing or more than 2 years old

NEW ENGLAND INDUSTRIAL SUPPLY

Date Approved

04/27/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

NEW ENGLAND INDUSTRIAL SUPPLY

Borrower Address

220 Broadway

Borrower City

Everett

Borrower State

MA

Borrower Zip

02149

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

283000.00

Current Approval Amount

283000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32779

Servicing Lender Name

Eagle Bank

Servicing Lender Address

350 Broadway

Servicing Lender City

Everett

Servicing Lender State

MA

Servicing Lender Zip

02149-3698

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Everett

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02149-0001

CD

MA-07

Jobs Reported

21

NAICS Code

323111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

17570.49

Payroll Proceed

239293.17

Mortgage Interest Proceed

0.00

Rent Proceed

26136.34

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

32779

Originating Lender

Eagle Bank

Originating Lender City

Everett

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

196303.80

Forgiveness Date

02/10/2021

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