PPP Loan information for New england trade inc

$46,996

New england trade inc was initially approved for PPP Loan of amount $46,996, the current approved amount is $46,996. The loan was approved on 01/27/2021 by The Eastern Bank reported 4 jobs and $46,996 was used to fund payroll.

New england trade inc is Existing or more than 2 years old

NEW ENGLAND TRADE INC

Date Approved

01/27/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

NEW ENGLAND TRADE INC

Borrower Address

926 Eastern Ave

Borrower City

Malden

Borrower State

MA

Borrower Zip

02148-6047

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

46996.12

Current Approval Amount

46996.12

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

Malden

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02148-6047

CD

MA-05

Jobs Reported

4

NAICS Code

561920

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

46992.12

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

47202.38

Forgiveness Date

07/07/2021

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