Date Approved
04/15/2020
SBA Office Code
0101
Processing Method
PPP
Borrower Name
NEW FED MORTGAGE, CORP.
Borrower Address
98 HIGH ST
Borrower City
DANVERS
Borrower State
MA
Borrower Zip
01923-3130
Loan Status Date
07/15/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
1379800.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
527344
Servicing Lender Name
The Millyard Bank
Servicing Lender Address
57 Northeastern Blvd
Servicing Lender City
NASHUA
Servicing Lender State
NH
Servicing Lender Zip
03062-3121
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
ESSEX
Project State
Project Zip
CD
MA-06
Jobs Reported
101
NAICS Code
522310
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non Profit
Forgiveness Amount
1396242.62
Forgiveness Date
06/28/2021