PPP Loan information for Northeastern mechanical inc

$2,000,000

Northeastern mechanical inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 04/06/2021 by The Needham Bank reported 120 jobs and $2,000,000 was used to fund payroll.

Northeastern mechanical inc is Existing or more than 2 years old

PPP Loan Search / MA / Canton / Northeastern mechanical inc

NORTHEASTERN MECHANICAL INC

Date Approved

04/06/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

NORTHEASTERN MECHANICAL INC

Borrower Address

35 Industrial Dr

Borrower City

Canton

Borrower State

MA

Borrower Zip

02021-2801

Loan Status Date

11/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89236

Servicing Lender Name

Needham Bank

Servicing Lender Address

1063 Great Plain Ave

Servicing Lender City

NEEDHAM

Servicing Lender State

MA

Servicing Lender Zip

02492-2302

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Canton

Project County Name

NORFOLK

Project State

MA

Project Zip

02021-2801

CD

MA-08

Jobs Reported

120

NAICS Code

238220

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2000000.00

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

89236

Originating Lender

Needham Bank

Originating Lender City

NEEDHAM

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

2009777.78

Forgiveness Date

10/06/2021

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