Date Approved
06/04/2020
SBA Office Code
0101
Processing Method
PPP
Borrower Name
NEW ENGLAND RESTAURANT ASSOCIATES, INC.
Borrower Address
69 State Rd E
Borrower City
WESTMINSTER
Borrower State
MA
Borrower Zip
01473-1401
Loan Status Date
03/11/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
343305.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
32698
Servicing Lender Name
Cambridge Savings Bank
Servicing Lender Address
1374 Massachusetts Ave
Servicing Lender City
CAMBRIDGE
Servicing Lender State
Servicing Lender Zip
02138-3822
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Unanswered
Project City
Project County Name
WORCESTER
Project State
Project Zip
CD
MA-03
Jobs Reported
54
NAICS Code
722511
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
345665.81
Forgiveness Date
02/18/2021