PPP Loan information for New england wire products inc

$3,209,498

New england wire products inc was initially approved for PPP Loan of amount $3,209,498, the current approved amount is $3,209,498. The loan was approved on 04/07/2020 by The Eastern Bank reported 409 jobs and $3,209,498 was used to fund payroll.

New england wire products inc is Existing or more than 2 years old

NEW ENGLAND WIRE PRODUCTS INC

Date Approved

04/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

NEW ENGLAND WIRE PRODUCTS INC

Borrower Address

9 MOHAWK DR

Borrower City

LEOMINSTER

Borrower State

MA

Borrower Zip

01453-3321

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3209497.50

Current Approval Amount

3209497.50

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LEOMINSTER

Project County Name

WORCESTER

Project State

MA

Project Zip

01453-3321

CD

MA-02

Jobs Reported

409

NAICS Code

337215

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3209497.50

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

Subchapter S Corporation

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

3247030.79

Forgiveness Date

06/11/2021

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