PPP Loan information for Newton distributing company inc

$228,313

Newton distributing company inc was initially approved for PPP Loan of amount $228,313, the current approved amount is $228,313. The loan was approved on 03/17/2021 by The Rockland Trust Company reported 15 jobs and $228,313 was used to fund payroll.

Newton distributing company inc is Existing or more than 2 years old

PPP Loan Search / MA / Natick / Newton distributing company inc

NEWTON DISTRIBUTING COMPANY INC

Date Approved

03/17/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

NEWTON DISTRIBUTING COMPANY INC

Borrower Address

245 W Central St # 0

Borrower City

Natick

Borrower State

MA

Borrower Zip

01760-3774

Loan Status Date

08/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

228313.00

Current Approval Amount

228313.00

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

1.00

Payroll Proceed

228309.00

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

33263

Originating Lender

Rockland Trust Company

Originating Lender City

ROCKLAND

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

231293.75

Forgiveness Date

07/05/2022

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