PPP Loan information for New england tool & automation inc

$151,774

New england tool & automation inc was initially approved for PPP Loan of amount $151,774, the current approved amount is $151,774. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 11 jobs and $151,774 was used to fund payroll.

New england tool & automation inc is New Business or 2 years or less

PPP Loan Search / CT / NEW BRITAIN / New england tool & automation inc

NEW ENGLAND TOOL & AUTOMATION INC

Date Approved

05/01/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

NEW ENGLAND TOOL & AUTOMATION INC

Borrower Address

321 ELLIS ST STE 17

Borrower City

NEW BRITAIN

Borrower State

CT

Borrower Zip

06051-3504

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

151774.00

Current Approval Amount

151774.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

NEW BRITAIN

Project County Name

HARTFORD

Project State

CT

Project Zip

06051-3504

CD

CT-05

Jobs Reported

11

NAICS Code

332710

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

151774.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

152738.70

Forgiveness Date

12/23/2020

;