PPP Loan information for New england machine tools inc

$72,028

New england machine tools inc was initially approved for PPP Loan of amount $72,028, the current approved amount is $72,028. The loan was approved on 01/22/2021 by The Santander Bank, National Association reported 6 jobs and $72,028 was used to fund payroll.

New england machine tools inc is Existing or more than 2 years old

PPP Loan Search / CT / Bristol / New england machine tools inc

NEW ENGLAND MACHINE TOOLS INC

Date Approved

01/22/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

NEW ENGLAND MACHINE TOOLS INC

Borrower Address

597 Middle St

Borrower City

Bristol

Borrower State

CT

Borrower Zip

06010-7455

Loan Status Date

11/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

72028.00

Current Approval Amount

72028.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84894

Servicing Lender Name

Santander Bank, National Association

Servicing Lender Address

824 N Market St, Ste 100

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-4937

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Bristol

Project County Name

HARTFORD

Project State

CT

Project Zip

06010-7455

CD

CT-01

Jobs Reported

6

NAICS Code

333517

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

72028.00

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

84894

Originating Lender

Santander Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

72509.50

Forgiveness Date

09/29/2021

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