PPP Loan information for New england construction co., inc.

$816,500

New england construction co., inc. was initially approved for PPP Loan of amount $816,500, the current approved amount is $816,500. The loan was approved on 04/06/2020 by The Bristol County Savings Bank reported 29 jobs and $816,500 was used to fund payroll.

New england construction co., inc. is Existing or more than 2 years old

PPP Loan Search / RI / RUMFORD / New england construction co., inc.

NEW ENGLAND CONSTRUCTION CO., INC.

Date Approved

04/06/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

NEW ENGLAND CONSTRUCTION CO., INC.

Borrower Address

293 BOURNE AVE

Borrower City

RUMFORD

Borrower State

RI

Borrower Zip

02916-3345

Loan Status Date

02/09/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

816500.00

Current Approval Amount

816500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33371

Servicing Lender Name

Bristol County Savings Bank

Servicing Lender Address

29 Broadway

Servicing Lender City

TAUNTON

Servicing Lender State

MA

Servicing Lender Zip

02780-3269

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RUMFORD

Project County Name

PROVIDENCE

Project State

RI

Project Zip

02916-3345

CD

RI-01

Jobs Reported

29

NAICS Code

236220

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

17500.00

Payroll Proceed

749000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

50000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

33371

Originating Lender

Bristol County Savings Bank

Originating Lender City

TAUNTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

826184.60

Forgiveness Date

06/18/2021

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