PPP Loan information for Leo alger's new hampshire electric motors inc

$53,000

Leo alger's new hampshire electric motors inc was initially approved for PPP Loan of amount $53,000, the current approved amount is $53,000. The loan was approved on 01/27/2021 by The Northway Bank reported 8 jobs and $53,000 was used to fund payroll.

Leo alger's new hampshire electric motors inc is Existing or more than 2 years old

LEO ALGER'S NEW HAMPSHIRE ELECTRIC MOTORS INC

Date Approved

01/27/2021

SBA Office Code

0189

Processing Method

PPS

Borrower Name

LEO ALGER'S NEW HAMPSHIRE ELECTRIC MOTORS INC

Borrower Address

459 Province Rd

Borrower City

Laconia

Borrower State

NH

Borrower Zip

03246-1331

Loan Status Date

10/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

53000.00

Current Approval Amount

53000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

42825

Servicing Lender Name

Northway Bank

Servicing Lender Address

9 Main St

Servicing Lender City

BERLIN

Servicing Lender State

NH

Servicing Lender Zip

03570-2414

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Laconia

Project County Name

BELKNAP

Project State

NH

Project Zip

03246-1331

CD

NH-01

Jobs Reported

8

NAICS Code

423610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

52995.00

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

42825

Originating Lender

Northway Bank

Originating Lender City

BERLIN

Originating Lender State

NH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

53313.64

Forgiveness Date

09/09/2021

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