PPP Loan information for Newcastle systems inc.

$471,100

Newcastle systems inc. was initially approved for PPP Loan of amount $471,100, the current approved amount is $471,100. The loan was approved on 04/15/2020 by The Citizens Bank, National Association reported 25 jobs and $471,100 was used to fund payroll.

Newcastle systems inc. is Existing or more than 2 years old

PPP Loan Search / MA / MIDDLETON / Newcastle systems inc.

NEWCASTLE SYSTEMS INC.

Date Approved

04/15/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

NEWCASTLE SYSTEMS INC.

Borrower Address

15 SYLVAN ST

Borrower City

MIDDLETON

Borrower State

MA

Borrower Zip

01949-1677

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

471100.00

Current Approval Amount

471100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MIDDLETON

Project County Name

ESSEX

Project State

MA

Project Zip

01949-1677

CD

MA-06

Jobs Reported

25

NAICS Code

332999

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

471100.00

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

475552.86

Forgiveness Date

04/08/2021

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