PPP Loan information for Northern reach, inc.

$416,400

Northern reach, inc. was initially approved for PPP Loan of amount $416,400, the current approved amount is $416,400. The loan was approved on 04/07/2020 by The Avidia Bank reported 37 jobs and $416,400 was used to fund payroll.

Northern reach, inc. is Existing or more than 2 years old

NORTHERN REACH, INC.

Date Approved

04/07/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

NORTHERN REACH, INC.

Borrower Address

951 Bank Street

Borrower City

NEW LONDON

Borrower State

CT

Borrower Zip

06320-2702

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

416400.00

Current Approval Amount

416400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32883

Servicing Lender Name

Avidia Bank

Servicing Lender Address

42 Main St

Servicing Lender City

HUDSON

Servicing Lender State

MA

Servicing Lender Zip

01749-2123

Rural Urban Indicator

U

Hubzone Indicator

Y

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

06320-2702

CD

CT-02

Jobs Reported

37

NAICS Code

441228

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

416400.00

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

Corporation

Originating Lender Location Id

32883

Originating Lender

Avidia Bank

Originating Lender City

HUDSON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

419627.10

Forgiveness Date

01/20/2021

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