PPP Loan information for Northern business machines inc.

$922,556

Northern business machines inc. was initially approved for PPP Loan of amount $922,556, the current approved amount is $922,556. The loan was approved on 01/21/2021 by The Eastern Bank reported 56 jobs and $922,556 was used to fund payroll.

Northern business machines inc. is Existing or more than 2 years old

NORTHERN BUSINESS MACHINES INC.

Date Approved

01/21/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

NORTHERN BUSINESS MACHINES INC.

Borrower Address

24 Terry Ave

Borrower City

Burlington

Borrower State

MA

Borrower Zip

01803-2516

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

922556.17

Current Approval Amount

922556.17

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

Burlington

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01803-2516

CD

MA-06

Jobs Reported

56

NAICS Code

423420

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

922552.17

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

926067.01

Forgiveness Date

06/15/2021

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