PPP Loan information for Nitor development inc

$34,800

Nitor development inc was initially approved for PPP Loan of amount $34,800, the current approved amount is $34,800. The loan was approved on 04/28/2020 by The Walpole Co-Operative Bank reported 2 jobs and $34,800 was used to fund payroll.

Nitor development inc is Existing or more than 2 years old

PPP Loan Search / MA / FRANKLIN / Nitor development inc

NITOR DEVELOPMENT INC

Date Approved

04/28/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

NITOR DEVELOPMENT INC

Borrower Address

19 LENOX DR

Borrower City

FRANKLIN

Borrower State

MA

Borrower Zip

02038-1188

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

34800.00

Current Approval Amount

34800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89283

Servicing Lender Name

Walpole Co-Operative Bank

Servicing Lender Address

982 Main St

Servicing Lender City

WALPOLE

Servicing Lender State

MA

Servicing Lender Zip

02081-2828

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FRANKLIN

Project County Name

NORFOLK

Project State

MA

Project Zip

02038-1188

CD

MA-04

Jobs Reported

2

NAICS Code

236117

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

30000.00

Mortgage Interest Proceed

0.00

Rent Proceed

4800.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

89283

Originating Lender

Walpole Co-Operative Bank

Originating Lender City

WALPOLE

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

35003.97

Forgiveness Date

12/02/2020

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