PPP Loan information for New england medical design inc

$250,460

New england medical design inc was initially approved for PPP Loan of amount $250,460, the current approved amount is $250,460. The loan was approved on 03/18/2021 by The Rockland Trust Company reported 16 jobs and $250,460 was used to fund payroll.

New england medical design inc is Existing or more than 2 years old

PPP Loan Search / RI / Providence / New england medical design inc

NEW ENGLAND MEDICAL DESIGN INC

Date Approved

03/18/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

NEW ENGLAND MEDICAL DESIGN INC

Borrower Address

1 Virginia Ave Ste 202

Borrower City

Providence

Borrower State

RI

Borrower Zip

02905-4444

Loan Status Date

05/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

250460.00

Current Approval Amount

250460.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33263

Servicing Lender Name

Rockland Trust Company

Servicing Lender Address

288 Union St

Servicing Lender City

ROCKLAND

Servicing Lender State

MA

Servicing Lender Zip

02370-1803

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Providence

Project County Name

PROVIDENCE

Project State

RI

Project Zip

02905-4444

CD

RI-01

Jobs Reported

16

NAICS Code

541310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

250460.00

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

33263

Originating Lender

Rockland Trust Company

Originating Lender City

ROCKLAND

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

253208.10

Forgiveness Date

04/20/2022

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