PPP Loan information for New england road inc

$408,725

New england road inc was initially approved for PPP Loan of amount $408,725, the current approved amount is $408,725. The loan was approved on 04/28/2020 by The Webster Bank National Association reported 24 jobs and $408,725 was used to fund payroll.

New england road inc is Existing or more than 2 years old

PPP Loan Search / CT / CLINTON / New england road inc

NEW ENGLAND ROAD INC

Date Approved

04/28/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

NEW ENGLAND ROAD INC

Borrower Address

35 LUMBERYARD ROAD

Borrower City

CLINTON

Borrower State

CT

Borrower Zip

06413

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

408725.00

Current Approval Amount

408725.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

15940

Servicing Lender Name

Webster Bank National Association

Servicing Lender Address

137 Bank St

Servicing Lender City

WATERBURY

Servicing Lender State

CT

Servicing Lender Zip

06702-2205

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CLINTON

Project County Name

MIDDLESEX

Project State

CT

Project Zip

06413-0001

CD

CT-02

Jobs Reported

24

NAICS Code

237310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

408725.00

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

15940

Originating Lender

Webster Bank National Association

Originating Lender City

WATERBURY

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

414312.77

Forgiveness Date

09/20/2021

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