PPP Loan information for Office furniture distributors of new england inc.

$786,960

Office furniture distributors of new england inc. was initially approved for PPP Loan of amount $786,960, the current approved amount is $786,960. The loan was approved on 01/30/2021 by The Cambridge Savings Bank reported 46 jobs and $786,960 was used to fund payroll.

Office furniture distributors of new england inc. is Existing or more than 2 years old

OFFICE FURNITURE DISTRIBUTORS OF NEW ENGLAND INC.

Date Approved

01/30/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

OFFICE FURNITURE DISTRIBUTORS OF NEW ENGLAND INC.

Borrower Address

226 Andover St

Borrower City

Wilmington

Borrower State

MA

Borrower Zip

01887-1022

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

786960.23

Current Approval Amount

786960.23

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32698

Servicing Lender Name

Cambridge Savings Bank

Servicing Lender Address

1374 Massachusetts Ave

Servicing Lender City

CAMBRIDGE

Servicing Lender State

MA

Servicing Lender Zip

02138-3822

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

01887-1022

CD

MA-06

Jobs Reported

46

NAICS Code

337214

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

786960.23

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

32698

Originating Lender

Cambridge Savings Bank

Originating Lender City

CAMBRIDGE

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

792307.25

Forgiveness Date

10/08/2021

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