PPP Loan information for New england wendico, inc.

$403,763

New england wendico, inc. was initially approved for PPP Loan of amount $403,763, the current approved amount is $403,763. The loan was approved on 04/06/2020 by The Watertown Savings Bank reported 83 jobs and $403,763 was used to fund payroll.

New england wendico, inc. is Existing or more than 2 years old

NEW ENGLAND WENDICO, INC.

Date Approved

04/06/2020

SBA Office Code

0248

Processing Method

PPP

Borrower Name

NEW ENGLAND WENDICO, INC.

Borrower Address

120 ARCADE ST

Borrower City

WATERTOWN

Borrower State

NY

Borrower Zip

13601-2303

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

403762.50

Current Approval Amount

403762.50

Undisbursed Amount

0.00

Franchise Name

Wendy's

Servicing Lender Location Id

50344

Servicing Lender Name

Watertown Savings Bank

Servicing Lender Address

111 Clinton St

Servicing Lender City

WATERTOWN

Servicing Lender State

NY

Servicing Lender Zip

13601-3650

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WATERTOWN

Project County Name

JEFFERSON

Project State

NY

Project Zip

13601-2303

CD

NY-24

Jobs Reported

83

NAICS Code

722513

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

11797.36

Payroll Proceed

328977.30

Mortgage Interest Proceed

12802.02

Rent Proceed

50185.82

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

50344

Originating Lender

Watertown Savings Bank

Originating Lender City

WATERTOWN

Originating Lender State

NY

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

407014.72

Forgiveness Date

02/03/2021

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