PPP Loan information for Northeastern development corporation

$38,500

Northeastern development corporation was initially approved for PPP Loan of amount $38,500, the current approved amount is $38,500. The loan was approved on 04/07/2020 by The Reading Co-Operative Bank reported 5 jobs and $38,500 was used to fund payroll.

Northeastern development corporation is Existing or more than 2 years old

PPP Loan Search / MA / WILMINGTON / Northeastern development corporation

NORTHEASTERN DEVELOPMENT CORPORATION

Date Approved

04/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

NORTHEASTERN DEVELOPMENT CORPORATION

Borrower Address

20 Middlesex Avenue

Borrower City

WILMINGTON

Borrower State

MA

Borrower Zip

01887-2714

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

38500.00

Current Approval Amount

38500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89358

Servicing Lender Name

Reading Co-Operative Bank

Servicing Lender Address

180 Haven St

Servicing Lender City

READING

Servicing Lender State

MA

Servicing Lender Zip

01867-2921

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WILMINGTON

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01887-2714

CD

MA-06

Jobs Reported

5

NAICS Code

531311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

38500.00

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

Subchapter S Corporation

Originating Lender Location Id

89358

Originating Lender

Reading Co-Operative Bank

Originating Lender City

READING

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

38909.60

Forgiveness Date

05/06/2021

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