PPP Loan information for New england medical insurance agency, llc

$89,300

New england medical insurance agency, llc was initially approved for PPP Loan of amount $89,300, the current approved amount is $89,300. The loan was approved on 04/04/2020 by The The Lowell Five Cent Savings Bank reported 4 jobs and $89,300 was used to fund payroll.

New england medical insurance agency, llc is New Business or 2 years or less

NEW ENGLAND MEDICAL INSURANCE AGENCY, LLC

Date Approved

04/04/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

NEW ENGLAND MEDICAL INSURANCE AGENCY, LLC

Borrower Address

11 SUMMER ST, Suite 6

Borrower City

CHELMSFORD

Borrower State

MA

Borrower Zip

01824-3020

Loan Status Date

04/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

89300.00

Current Approval Amount

89300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32962

Servicing Lender Name

The Lowell Five Cent Savings Bank

Servicing Lender Address

34 John St

Servicing Lender City

LOWELL

Servicing Lender State

MA

Servicing Lender Zip

01852-1107

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

CHELMSFORD

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01824-3020

CD

MA-03

Jobs Reported

4

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2664.15

Payroll Proceed

73109.27

Mortgage Interest Proceed

0.00

Rent Proceed

4950.00

Refinance EIDL Proceed

0.00

Health Care Proceed

8576.58

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

32962

Originating Lender

The Lowell Five Cent Savings Bank

Originating Lender City

LOWELL

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

90092.69

Forgiveness Date

03/05/2021

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