PPP Loan information for New england systems inc

$259,267

New england systems inc was initially approved for PPP Loan of amount $259,267, the current approved amount is $259,267. The loan was approved on 02/17/2021 by The Ion Bank reported 14 jobs and $259,267 was used to fund payroll.

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

PPP Loan Search / CT / Naugatuck / New england systems inc

NEW ENGLAND SYSTEMS INC

Date Approved

02/17/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

NEW ENGLAND SYSTEMS INC

Borrower Address

102 Great Hill Rd

Borrower City

Naugatuck

Borrower State

CT

Borrower Zip

06770-2135

Loan Status Date

12/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

259267.42

Current Approval Amount

259267.42

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16333

Servicing Lender Name

Ion Bank

Servicing Lender Address

87 Church St

Servicing Lender City

NAUGATUCK

Servicing Lender State

CT

Servicing Lender Zip

06770-4111

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Naugatuck

Project County Name

NEW HAVEN

Project State

CT

Project Zip

06770-2135

CD

CT-03

Jobs Reported

14

NAICS Code

541513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

259261.42

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

16333

Originating Lender

Ion Bank

Originating Lender City

NAUGATUCK

Originating Lender State

CT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

261021.91

Forgiveness Date

10/29/2021

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