PPP Loan information for New fed mortgage, corp.

$1,379,800

New fed mortgage, corp. was initially approved for PPP Loan of amount $1,379,800, the current approved amount is $1,379,800. The loan was approved on 04/15/2020 by The The Millyard Bank reported 101 jobs and $1,379,800 was used to fund payroll.

New fed mortgage, corp. is Existing or more than 2 years old

NEW FED MORTGAGE, CORP.

Date Approved

04/15/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

NEW FED MORTGAGE, CORP.

Borrower Address

98 HIGH ST

Borrower City

DANVERS

Borrower State

MA

Borrower Zip

01923-3130

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1379800.00

Current Approval Amount

1379800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

527344

Servicing Lender Name

The Millyard Bank

Servicing Lender Address

57 Northeastern Blvd

Servicing Lender City

NASHUA

Servicing Lender State

NH

Servicing Lender Zip

03062-3121

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DANVERS

Project County Name

ESSEX

Project State

MA

Project Zip

01923-3130

CD

MA-06

Jobs Reported

101

NAICS Code

522310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1379800.00

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

Subchapter S Corporation

Originating Lender Location Id

527344

Originating Lender

The Millyard Bank

Originating Lender City

NASHUA

Originating Lender State

NH

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1396242.62

Forgiveness Date

06/28/2021

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