PPP Loan information for New england water heater company, inc.

$101,800

New england water heater company, inc. was initially approved for PPP Loan of amount $101,800, the current approved amount is $101,800. The loan was approved on 04/10/2020 by The Eastern Bank reported 5 jobs and $101,800 was used to fund payroll.

New england water heater company, inc. is Existing or more than 2 years old

NEW ENGLAND WATER HEATER COMPANY, INC.

Date Approved

04/10/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

NEW ENGLAND WATER HEATER COMPANY, INC.

Borrower Address

60 NICHOLAS RD

Borrower City

FRAMINGHAM

Borrower State

MA

Borrower Zip

01701-3469

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

101800.00

Current Approval Amount

101800.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FRAMINGHAM

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01701-3469

CD

MA-05

Jobs Reported

5

NAICS Code

238220

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

101800.00

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

102555.02

Forgiveness Date

01/19/2021

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