PPP Loan information for Northeast insurance agency inc.

$677,800

Northeast insurance agency inc. was initially approved for PPP Loan of amount $677,800, the current approved amount is $677,800. The loan was approved on 04/07/2020 by The Bay State Savings Bank reported 47 jobs and $677,800 was used to fund payroll.

Northeast insurance agency inc. is Existing or more than 2 years old

NORTHEAST INSURANCE AGENCY INC.

Date Approved

04/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

NORTHEAST INSURANCE AGENCY INC.

Borrower Address

567 SOUTHBRIDGE ST

Borrower City

AUBURN

Borrower State

MA

Borrower Zip

01501-2249

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

677800.00

Current Approval Amount

677800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33497

Servicing Lender Name

Bay State Savings Bank

Servicing Lender Address

28-32 Franklin St

Servicing Lender City

Worcester

Servicing Lender State

MA

Servicing Lender Zip

01608

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

AUBURN

Project County Name

WORCESTER

Project State

MA

Project Zip

01501-2249

CD

MA-02

Jobs Reported

47

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

677800.00

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

33497

Originating Lender

Bay State Savings Bank

Originating Lender City

Worcester

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

682864.67

Forgiveness Date

01/12/2021

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