PPP Loan information for New england applied products, inc

$208,500

New england applied products, inc was initially approved for PPP Loan of amount $208,500, the current approved amount is $208,500. The loan was approved on 04/28/2020 by The Enterprise Bank and Trust Company reported 11 jobs and $208,500 was used to fund payroll.

New england applied products, inc is Existing or more than 2 years old

NEW ENGLAND APPLIED PRODUCTS, INC

Date Approved

04/28/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

NEW ENGLAND APPLIED PRODUCTS, INC

Borrower Address

40 L ST

Borrower City

SOUTH BOSTON

Borrower State

MA

Borrower Zip

02127-1512

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

208500.00

Current Approval Amount

208500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112598

Servicing Lender Name

Enterprise Bank and Trust Company

Servicing Lender Address

222 Merrimack St

Servicing Lender City

LOWELL

Servicing Lender State

MA

Servicing Lender Zip

01852-5913

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOUTH BOSTON

Project County Name

SUFFOLK

Project State

MA

Project Zip

02127-1512

CD

MA-08

Jobs Reported

11

NAICS Code

425120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2500.00

Payroll Proceed

191700.00

Mortgage Interest Proceed

0.00

Rent Proceed

10200.00

Refinance EIDL Proceed

0.00

Health Care Proceed

4100.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

112598

Originating Lender

Enterprise Bank and Trust Company

Originating Lender City

LOWELL

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

210891.96

Forgiveness Date

06/24/2021

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