PPP Loan information for New system associates llc

$177,743

New system associates llc was initially approved for PPP Loan of amount $177,743, the current approved amount is $177,743. The loan was approved on 01/22/2021 by The Freedom CU reported 18 jobs and $177,743 was used to fund payroll.

New system associates llc is Existing or more than 2 years old

NEW SYSTEM ASSOCIATES LLC

Date Approved

01/22/2021

SBA Office Code

0130

Processing Method

PPS

Borrower Name

NEW SYSTEM ASSOCIATES LLC

Borrower Address

34 Front St

Borrower City

Indian Orchard

Borrower State

MA

Borrower Zip

01151-1176

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

177743.07

Current Approval Amount

177743.07

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

98617

Servicing Lender Name

Freedom CU

Servicing Lender Address

1976 Main St

Servicing Lender City

SPRINGFIELD

Servicing Lender State

MA

Servicing Lender Zip

01103-1010

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Indian Orchard

Project County Name

HAMPDEN

Project State

MA

Project Zip

01151-1176

CD

MA-01

Jobs Reported

18

NAICS Code

238290

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

177741.07

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

Limited Liability Company(LLC)

Originating Lender Location Id

98617

Originating Lender

Freedom CU

Originating Lender City

SPRINGFIELD

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

178902.05

Forgiveness Date

10/04/2021

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