PPP Loan information for Northeast property group inc

$314,215

Northeast property group inc was initially approved for PPP Loan of amount $314,215, the current approved amount is $314,215. The loan was approved on 04/15/2020 by The Chelsea Groton Bank reported 29 jobs and $314,215 was used to fund payroll.

Northeast property group inc is Existing or more than 2 years old

PPP Loan Search / CT / NEW LONDON / Northeast property group inc

NORTHEAST PROPERTY GROUP INC

Date Approved

04/15/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

NORTHEAST PROPERTY GROUP INC

Borrower Address

150 Eugene O'Neil Dr

Borrower City

NEW LONDON

Borrower State

CT

Borrower Zip

06320-6402

Loan Status Date

04/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

314215.00

Current Approval Amount

314215.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16318

Servicing Lender Name

Chelsea Groton Bank

Servicing Lender Address

1 Franklin Sq

Servicing Lender City

NORWICH

Servicing Lender State

CT

Servicing Lender Zip

06360-5825

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NEW LONDON

Project County Name

NEW LONDON

Project State

CT

Project Zip

06320-6402

CD

CT-02

Jobs Reported

29

NAICS Code

531120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

39276.90

Payroll Proceed

235661.25

Mortgage Interest Proceed

39276.85

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

16318

Originating Lender

Chelsea Groton Bank

Originating Lender City

NORWICH

Originating Lender State

CT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

316943.94

Forgiveness Date

03/05/2021

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