PPP Loan information for Northeast merchant systems, inc.

$86,300

Northeast merchant systems, inc. was initially approved for PPP Loan of amount $86,300, the current approved amount is $86,300. The loan was approved on 04/28/2020 by The Hometown Bank reported 5 jobs and $86,300 was used to fund payroll.

Northeast merchant systems, inc. is Existing or more than 2 years old

PPP Loan Search / MA / STURBRIDGE / Northeast merchant systems, inc.

NORTHEAST MERCHANT SYSTEMS, INC.

Date Approved

04/28/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

NORTHEAST MERCHANT SYSTEMS, INC.

Borrower Address

24 NEW BOSTON RD

Borrower City

STURBRIDGE

Borrower State

MA

Borrower Zip

01566-1009

Loan Status Date

04/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

86300.00

Current Approval Amount

86300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89228

Servicing Lender Name

Hometown Bank

Servicing Lender Address

31 Sutton Ave

Servicing Lender City

OXFORD

Servicing Lender State

MA

Servicing Lender Zip

01540-1755

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

STURBRIDGE

Project County Name

WORCESTER

Project State

MA

Project Zip

01566-1009

CD

MA-01

Jobs Reported

5

NAICS Code

522320

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

86300.00

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

89228

Originating Lender

Hometown Bank

Originating Lender City

OXFORD

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

87040.05

Forgiveness Date

03/11/2021

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