PPP Loan information for Mutual fire insurance association of new england

$456,067

Mutual fire insurance association of new england was initially approved for PPP Loan of amount $456,067, the current approved amount is $456,067. The loan was approved on 04/05/2020 by The The Lowell Five Cent Savings Bank reported 29 jobs and $456,067 was used to fund payroll.

Mutual fire insurance association of new england is Existing or more than 2 years old

MUTUAL FIRE INSURANCE ASSOCIATION OF NEW ENGLAND

Date Approved

04/05/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MUTUAL FIRE INSURANCE ASSOCIATION OF NEW ENGLAND

Borrower Address

500 Edgewater Drive

Borrower City

WAKEFIELD

Borrower State

MA

Borrower Zip

01880-1267

Loan Status Date

04/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

456067.00

Current Approval Amount

456067.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32962

Servicing Lender Name

The Lowell Five Cent Savings Bank

Servicing Lender Address

34 John St

Servicing Lender City

LOWELL

Servicing Lender State

MA

Servicing Lender Zip

01852-1107

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WAKEFIELD

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01880-1267

CD

MA-06

Jobs Reported

29

NAICS Code

524128

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1176.00

Payroll Proceed

376709.00

Mortgage Interest Proceed

0.00

Rent Proceed

21847.00

Refinance EIDL Proceed

0.00

Health Care Proceed

56335.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

32962

Originating Lender

The Lowell Five Cent Savings Bank

Originating Lender City

LOWELL

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

460165.36

Forgiveness Date

03/11/2021

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