PPP Loan information for New england airlines inc.

$187,455

New england airlines inc. was initially approved for PPP Loan of amount $187,455, the current approved amount is $187,455. The loan was approved on 01/27/2021 by The Westerly Community CU reported 47 jobs and $187,455 was used to fund payroll.

New england airlines inc. is Existing or more than 2 years old

PPP Loan Search / RI / Westerly / New england airlines inc.

NEW ENGLAND AIRLINES INC.

Date Approved

01/27/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

NEW ENGLAND AIRLINES INC.

Borrower Address

56 Airport Rd

Borrower City

Westerly

Borrower State

RI

Borrower Zip

02891-3402

Loan Status Date

09/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

187455.00

Current Approval Amount

187455.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

104829

Servicing Lender Name

Westerly Community CU

Servicing Lender Address

122 Granite St

Servicing Lender City

WESTERLY

Servicing Lender State

RI

Servicing Lender Zip

02891-2435

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Westerly

Project County Name

WASHINGTON

Project State

RI

Project Zip

02891-3402

CD

RI-02

Jobs Reported

47

NAICS Code

561599

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

187452.00

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

104829

Originating Lender

Westerly Community CU

Originating Lender City

WESTERLY

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

188425.66

Forgiveness Date

08/05/2021

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