PPP Loan information for New england homes for the deaf

$610,825

New england homes for the deaf was initially approved for PPP Loan of amount $625,000, the current approved amount is $610,825. The loan was approved on 04/13/2020 by The Eastern Bank reported 95 jobs and $610,825 was used to fund payroll.

New england homes for the deaf is Existing or more than 2 years old

NEW ENGLAND HOMES FOR THE DEAF

Date Approved

04/13/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

NEW ENGLAND HOMES FOR THE DEAF

Borrower Address

154 WATER ST

Borrower City

DANVERS

Borrower State

MA

Borrower Zip

01923-3794

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

625000.00

Current Approval Amount

610825.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DANVERS

Project County Name

ESSEX

Project State

MA

Project Zip

01923-3794

CD

MA-06

Jobs Reported

95

NAICS Code

623990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

610825.00

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

617611.94

Forgiveness Date

06/09/2021

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