PPP Loan information for New england machinery, inc.

$823,400

New england machinery, inc. was initially approved for PPP Loan of amount $823,400, the current approved amount is $823,400. The loan was approved on 04/11/2020 by The First Horizon Bank reported 53 jobs and $823,400 was used to fund payroll.

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

NEW ENGLAND MACHINERY, INC.

Date Approved

04/11/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

NEW ENGLAND MACHINERY, INC.

Borrower Address

6204 29TH ST E

Borrower City

BRADENTON

Borrower State

FL

Borrower Zip

34203-5304

Loan Status Date

10/07/2022

Loan Status

Paid in Full

Term

59

SBA Guaranty Percentage

100

Initial Approval Amount

823400.00

Current Approval Amount

823400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BRADENTON

Project County Name

MANATEE

Project State

FL

Project Zip

34203-5304

CD

FL-16

Jobs Reported

53

NAICS Code

333993

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

823400.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

843344.58

Forgiveness Date

09/19/2022

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