PPP Loan information for Newton distributing co., inc

$228,314

Newton distributing co., inc was initially approved for PPP Loan of amount $228,314, the current approved amount is $228,314. The loan was approved on 04/13/2020 by The Rockland Trust Company reported 15 jobs and $228,314 was used to fund payroll.

Newton distributing co., inc is Existing or more than 2 years old

PPP Loan Search / MA / Natick / Newton distributing co., inc

NEWTON DISTRIBUTING CO., INC

Date Approved

04/13/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

NEWTON DISTRIBUTING CO., INC

Borrower Address

245 W. Central St

Borrower City

Natick

Borrower State

MA

Borrower Zip

01760-3774

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

228313.62

Current Approval Amount

228313.62

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33263

Servicing Lender Name

Rockland Trust Company

Servicing Lender Address

288 Union St

Servicing Lender City

ROCKLAND

Servicing Lender State

MA

Servicing Lender Zip

02370-1803

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Natick

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01760-3774

CD

MA-05

Jobs Reported

15

NAICS Code

423720

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

228313.62

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

33263

Originating Lender

Rockland Trust Company

Originating Lender City

ROCKLAND

Originating Lender State

MA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

231104.12

Forgiveness Date

07/07/2021

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