PPP Loan information for New england tooling inc

$42,440

New england tooling inc was initially approved for PPP Loan of amount $42,440, the current approved amount is $42,440. The loan was approved on 02/18/2021 by The Bangor Savings Bank reported 3 jobs and $42,440 was used to fund payroll.

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

NEW ENGLAND TOOLING INC

Date Approved

02/18/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

NEW ENGLAND TOOLING INC

Borrower Address

24 W Main St # 308

Borrower City

Clinton

Borrower State

CT

Borrower Zip

06413-2053

Loan Status Date

05/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

42440.00

Current Approval Amount

42440.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29389

Servicing Lender Name

Bangor Savings Bank

Servicing Lender Address

24 Hamlin Way

Servicing Lender City

BANGOR

Servicing Lender State

ME

Servicing Lender Zip

04401-6497

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

06413-2053

CD

CT-02

Jobs Reported

3

NAICS Code

333517

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

42439.00

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

Corporation

Originating Lender Location Id

29389

Originating Lender

Bangor Savings Bank

Originating Lender City

BANGOR

Originating Lender State

ME

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

42922.17

Forgiveness Date

04/05/2022

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