PPP Loan information for Newton driving school, inc.

$49,688

Newton driving school, inc. was initially approved for PPP Loan of amount $49,688, the current approved amount is $49,688. The loan was approved on 04/16/2020 by The Eastern Bank reported 10 jobs and $49,688 was used to fund payroll.

Newton driving school, inc. is Existing or more than 2 years old

NEWTON DRIVING SCHOOL, INC.

Date Approved

04/16/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

NEWTON DRIVING SCHOOL, INC.

Borrower Address

50 WINCHESTER ST

Borrower City

NEWTON HIGHLANDS

Borrower State

MA

Borrower Zip

02461

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

49687.50

Current Approval Amount

49687.50

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEWTON HIGHLANDS

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02461-0001

CD

MA-04

Jobs Reported

10

NAICS Code

611692

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

49687.50

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

Corporation

Originating Lender Location Id

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

50093.28

Forgiveness Date

02/17/2021

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