PPP Loan information for New england insurance group, llc

$427,162

New england insurance group, llc was initially approved for PPP Loan of amount $403,545, the current approved amount is $427,162. The loan was approved on 04/12/2020 by The Eastern Bank reported 35 jobs and $427,162 was used to fund payroll.

New england insurance group, llc is Existing or more than 2 years old

PPP Loan Search / MA / NEEDHAM HEIGHTS / New england insurance group, llc

NEW ENGLAND INSURANCE GROUP, LLC

Date Approved

04/12/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

NEW ENGLAND INSURANCE GROUP, LLC

Borrower Address

200 RESERVOIR ST

Borrower City

NEEDHAM HEIGHTS

Borrower State

MA

Borrower Zip

02494-3132

Loan Status Date

04/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

403545.00

Current Approval Amount

427162.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEEDHAM HEIGHTS

Project County Name

NORFOLK

Project State

MA

Project Zip

02494-3132

CD

MA-04

Jobs Reported

35

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

427162.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

430816.61

Forgiveness Date

03/05/2021

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