PPP Loan information for New england industrial cleaners, inc.

$126,197

New england industrial cleaners, inc. was initially approved for PPP Loan of amount $126,197, the current approved amount is $126,197. The loan was approved on 04/11/2020 by The Eastern Bank reported 26 jobs and $126,197 was used to fund payroll.

New england industrial cleaners, inc. is Existing or more than 2 years old

NEW ENGLAND INDUSTRIAL CLEANERS, INC.

Date Approved

04/11/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

NEW ENGLAND INDUSTRIAL CLEANERS, INC.

Borrower Address

7 RANTOUL ST B-101

Borrower City

BEVERLY

Borrower State

MA

Borrower Zip

01915-4822

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

126197.00

Current Approval Amount

126197.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BEVERLY

Project County Name

ESSEX

Project State

MA

Project Zip

01915-4822

CD

MA-06

Jobs Reported

26

NAICS Code

561720

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

126197.00

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

Subchapter S Corporation

Originating Lender Location Id

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

127606.20

Forgiveness Date

06/01/2021

;