PPP Loan information for New england label inc

$525,400

New england label inc was initially approved for PPP Loan of amount $525,400, the current approved amount is $525,400. The loan was approved on 04/14/2020 by The Northern Bank and Trust Company reported 44 jobs and $525,400 was used to fund payroll.

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

PPP Loan Search / MA / ANDOVER / New england label inc

NEW ENGLAND LABEL INC

Date Approved

04/14/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

NEW ENGLAND LABEL INC

Borrower Address

7 CONNECTOR RD

Borrower City

ANDOVER

Borrower State

MA

Borrower Zip

01810-5922

Loan Status Date

06/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

525400.00

Current Approval Amount

525400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33494

Servicing Lender Name

Northern Bank and Trust Company

Servicing Lender Address

275 Mishawum Rd, Ste 100

Servicing Lender City

WOBURN

Servicing Lender State

MA

Servicing Lender Zip

01801-8804

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ANDOVER

Project County Name

ESSEX

Project State

MA

Project Zip

01810-5922

CD

MA-06

Jobs Reported

44

NAICS Code

323111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

525400.00

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

33494

Originating Lender

Northern Bank and Trust Company

Originating Lender City

WOBURN

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

529968.06

Forgiveness Date

03/08/2021

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