PPP Loan information for New england business associates

$250,000

New england business associates was initially approved for PPP Loan of amount $250,000, the current approved amount is $250,000. The loan was approved on 03/23/2021 by The KeyBank National Association reported 45 jobs and $250,000 was used to fund payroll.

New england business associates is Existing or more than 2 years old

NEW ENGLAND BUSINESS ASSOCIATES

Date Approved

03/23/2021

SBA Office Code

0130

Processing Method

PPS

Borrower Name

NEW ENGLAND BUSINESS ASSOCIATES

Borrower Address

66 Industry Ave Ste 11

Borrower City

Springfield

Borrower State

MA

Borrower Zip

01104-3223

Loan Status Date

11/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

250000.00

Current Approval Amount

250000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

56102

Servicing Lender Name

KeyBank National Association

Servicing Lender Address

127 Public Sq

Servicing Lender City

CLEVELAND

Servicing Lender State

OH

Servicing Lender Zip

44114-1217

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Springfield

Project County Name

HAMPDEN

Project State

MA

Project Zip

01104-3223

CD

MA-01

Jobs Reported

45

NAICS Code

624310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

249999.00

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

56102

Originating Lender

KeyBank National Association

Originating Lender City

CLEVELAND

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

251260.27

Forgiveness Date

10/25/2021

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