PPP Loan information for Northeast investment corp

$40,596

Northeast investment corp was initially approved for PPP Loan of amount $40,596, the current approved amount is $40,596. The loan was approved on 01/16/2021 by The Farmers & Merchants Bank reported 5 jobs and $40,596 was used to fund payroll.

Northeast investment corp is Existing or more than 2 years old

NORTHEAST INVESTMENT CORP

Date Approved

01/16/2021

SBA Office Code

0373

Processing Method

PPP

Borrower Name

NORTHEAST INVESTMENT CORP

Borrower Address

10811 Reisterstown Rd Apt A

Borrower City

Owings Mills

Borrower State

MD

Borrower Zip

21117-2812

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

40596.12

Current Approval Amount

40596.12

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30550

Servicing Lender Name

Farmers & Merchants Bank

Servicing Lender Address

15226 Hanover Pike

Servicing Lender City

UPPERCO

Servicing Lender State

MD

Servicing Lender Zip

21155-9749

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Owings Mills

Project County Name

BALTIMORE

Project State

MD

Project Zip

21117-2812

CD

MD-02

Jobs Reported

5

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

40596.12

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

30550

Originating Lender

Farmers & Merchants Bank

Originating Lender City

UPPERCO

Originating Lender State

MD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

40863.04

Forgiveness Date

09/23/2021

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