PPP Loan information for New england academy, llc

$688,000

New england academy, llc was initially approved for PPP Loan of amount $688,000, the current approved amount is $688,000. The loan was approved on 04/05/2020 by The Salem Five Cents Savings Bank reported 43 jobs and $688,000 was used to fund payroll.

New england academy, llc is Existing or more than 2 years old

PPP Loan Search / MA / BEVERLY / New england academy, llc

NEW ENGLAND ACADEMY, LLC

Date Approved

04/05/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

NEW ENGLAND ACADEMY, LLC

Borrower Address

96 CHERRY HILL DR

Borrower City

BEVERLY

Borrower State

MA

Borrower Zip

01915-1065

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

688000.00

Current Approval Amount

688000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33304

Servicing Lender Name

Salem Five Cents Savings Bank

Servicing Lender Address

210 Essex St

Servicing Lender City

SALEM

Servicing Lender State

MA

Servicing Lender Zip

01970-3705

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BEVERLY

Project County Name

ESSEX

Project State

MA

Project Zip

01915-1065

CD

MA-06

Jobs Reported

43

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

688000.00

Payroll Proceed

0.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

33304

Originating Lender

Salem Five Cents Savings Bank

Originating Lender City

SALEM

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

693217.33

Forgiveness Date

01/14/2021

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