PPP Loan information for New england carbide inc

$50,722

New england carbide inc was initially approved for PPP Loan of amount $50,722, the current approved amount is $50,722. The loan was approved on 04/02/2021 by The Salem Five Cents Savings Bank reported 7 jobs and $50,722 was used to fund payroll.

New england carbide inc is Existing or more than 2 years old

PPP Loan Search / MA / Topsfield / New england carbide inc

NEW ENGLAND CARBIDE INC

Date Approved

04/02/2021

SBA Office Code

0101

Processing Method

PPP

Borrower Name

NEW ENGLAND CARBIDE INC

Borrower Address

428 Boston St

Borrower City

Topsfield

Borrower State

MA

Borrower Zip

01983-1216

Loan Status Date

04/22/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

50722.00

Current Approval Amount

50722.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33304

Servicing Lender Name

Salem Five Cents Savings Bank

Servicing Lender Address

210 Essex St

Servicing Lender City

SALEM

Servicing Lender State

MA

Servicing Lender Zip

01970-3705

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Topsfield

Project County Name

ESSEX

Project State

MA

Project Zip

01983-1216

CD

MA-06

Jobs Reported

7

NAICS Code

333515

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

50716.00

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

33304

Originating Lender

Salem Five Cents Savings Bank

Originating Lender City

SALEM

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

51077.05

Forgiveness Date

12/14/2021

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