PPP Loan information for New england transit sales inc

$447,415

New england transit sales inc was initially approved for PPP Loan of amount $447,415, the current approved amount is $447,415. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 59 jobs and $447,415 was used to fund payroll.

New england transit sales inc is New Business or 2 years or less

PPP Loan Search / MA / TYNGSBORO / New england transit sales inc

NEW ENGLAND TRANSIT SALES INC

Date Approved

05/01/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

NEW ENGLAND TRANSIT SALES INC

Borrower Address

30 PROGRESS AVE

Borrower City

TYNGSBORO

Borrower State

MA

Borrower Zip

01879-1436

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

447415.00

Current Approval Amount

447415.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

TYNGSBORO

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01879-1436

CD

MA-03

Jobs Reported

59

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

447415.00

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

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

452453.02

Forgiveness Date

06/24/2021

;