PPP Loan information for New england discount retailers, inc

$519,800

New england discount retailers, inc was initially approved for PPP Loan of amount $519,800, the current approved amount is $519,800. The loan was approved on 04/15/2020 by The Bangor Savings Bank reported 80 jobs and $519,800 was used to fund payroll.

New england discount retailers, inc is Existing or more than 2 years old

NEW ENGLAND DISCOUNT RETAILERS, INC

Date Approved

04/15/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

NEW ENGLAND DISCOUNT RETAILERS, INC

Borrower Address

81 Hacking Circle

Borrower City

MASHPEE

Borrower State

MA

Borrower Zip

02649

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

519800.00

Current Approval Amount

519800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29389

Servicing Lender Name

Bangor Savings Bank

Servicing Lender Address

24 Hamlin Way

Servicing Lender City

BANGOR

Servicing Lender State

ME

Servicing Lender Zip

04401-6497

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MASHPEE

Project County Name

BARNSTABLE

Project State

MA

Project Zip

02649-0001

CD

MA-09

Jobs Reported

80

NAICS Code

453991

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

519800.00

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

29389

Originating Lender

Bangor Savings Bank

Originating Lender City

BANGOR

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

522644.46

Forgiveness Date

11/19/2020

;