PPP Loan information for Nesc, inc.

$963,100

Nesc, inc. was initially approved for PPP Loan of amount $792,800, the current approved amount is $963,100. The loan was approved on 04/07/2020 by The Newburyport Five Cents Savings Bank reported 30 jobs and $963,100 was used to fund payroll.

Nesc, inc. is Existing or more than 2 years old

NESC, INC.

Date Approved

04/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

NESC, INC.

Borrower Address

98 ELM ST

Borrower City

SALISBURY

Borrower State

MA

Borrower Zip

01952-1804

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

792800.00

Current Approval Amount

963100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33178

Servicing Lender Name

Newburyport Five Cents Savings Bank

Servicing Lender Address

63 State St

Servicing Lender City

NEWBURYPORT

Servicing Lender State

MA

Servicing Lender Zip

01950-6615

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SALISBURY

Project County Name

ESSEX

Project State

MA

Project Zip

01952-1804

CD

MA-06

Jobs Reported

30

NAICS Code

238110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

963100.00

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

Subchapter S Corporation

Originating Lender Location Id

33178

Originating Lender

Newburyport Five Cents Savings Bank

Originating Lender City

NEWBURYPORT

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

974443.18

Forgiveness Date

06/15/2021

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