PPP Loan information for New england tool corporation

$370,534

New england tool corporation was initially approved for PPP Loan of amount $370,534, the current approved amount is $370,534. The loan was approved on 01/21/2021 by The Thomaston Savings Bank reported 24 jobs and $370,534 was used to fund payroll.

New england tool corporation is Existing or more than 2 years old

PPP Loan Search / CT / Manchester / New england tool corporation

NEW ENGLAND TOOL CORPORATION

Date Approved

01/21/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

NEW ENGLAND TOOL CORPORATION

Borrower Address

161 Sanrico Dr

Borrower City

Manchester

Borrower State

CT

Borrower Zip

06042-2224

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

370533.55

Current Approval Amount

370533.55

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16495

Servicing Lender Name

Thomaston Savings Bank

Servicing Lender Address

203 Main St

Servicing Lender City

THOMASTON

Servicing Lender State

CT

Servicing Lender Zip

06787-1721

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Manchester

Project County Name

HARTFORD

Project State

CT

Project Zip

06042-2224

CD

CT-01

Jobs Reported

24

NAICS Code

423830

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

370529.55

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

16495

Originating Lender

Thomaston Savings Bank

Originating Lender City

THOMASTON

Originating Lender State

CT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

372299.93

Forgiveness Date

07/28/2021

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