PPP Loan information for New ecology inc

$709,850

New ecology inc was initially approved for PPP Loan of amount $709,850, the current approved amount is $709,850. The loan was approved on 04/11/2020 by The Eastern Bank reported 43 jobs and $709,850 was used to fund payroll.

New ecology inc is Existing or more than 2 years old

NEW ECOLOGY INC

Date Approved

04/11/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

NEW ECOLOGY INC

Borrower Address

15 COURT SQ SUITE420

Borrower City

BOSTON

Borrower State

MA

Borrower Zip

02108-2519

Loan Status Date

06/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

709850.00

Current Approval Amount

709850.00

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

BOSTON

Project County Name

SUFFOLK

Project State

MA

Project Zip

02108-2519

CD

MA-08

Jobs Reported

43

NAICS Code

813319

Race

Black or African American

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

709850.00

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

Non-Profit Organization

Originating Lender Location Id

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

717579.48

Forgiveness Date

05/24/2021

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