PPP Loan information for The new england appliance & electronics group, inc.

$730,900

The new england appliance & electronics group, inc. was initially approved for PPP Loan of amount $730,900, the current approved amount is $730,900. The loan was approved on 04/03/2020 by The Main Street Bank reported 51 jobs and $730,900 was used to fund payroll.

The new england appliance & electronics group, inc. is Existing or more than 2 years old

PPP Loan Search / MA / FRANKLIN / The new england appliance & electronics group, inc.

THE NEW ENGLAND APPLIANCE & ELECTRONICS GROUP, INC.

Date Approved

04/03/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

THE NEW ENGLAND APPLIANCE & ELECTRONICS GROUP, INC.

Borrower Address

126 GROVE ST

Borrower City

FRANKLIN

Borrower State

MA

Borrower Zip

02038-3159

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

730900.00

Current Approval Amount

730900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33042

Servicing Lender Name

Main Street Bank

Servicing Lender Address

81 Granger Blvd

Servicing Lender City

MARLBOROUGH

Servicing Lender State

MA

Servicing Lender Zip

01752-2851

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

02038-3159

CD

MA-04

Jobs Reported

51

NAICS Code

423620

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

620760.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

110140.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

33042

Originating Lender

Main Street Bank

Originating Lender City

MARLBOROUGH

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

737207.77

Forgiveness Date

02/25/2021

;