PPP Loan information for New horizons medical, inc.

$360,000

New horizons medical, inc. was initially approved for PPP Loan of amount $360,000, the current approved amount is $360,000. The loan was approved on 03/31/2021 by The Eastern Bank reported 35 jobs and $360,000 was used to fund payroll.

New horizons medical, inc. is Existing or more than 2 years old

PPP Loan Search / MA / Framingham / New horizons medical, inc.

NEW HORIZONS MEDICAL, INC.

Date Approved

03/31/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

NEW HORIZONS MEDICAL, INC.

Borrower Address

214 Howard St

Borrower City

Framingham

Borrower State

MA

Borrower Zip

01702-8311

Loan Status Date

05/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

360000.00

Current Approval Amount

360000.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

Framingham

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01702-8311

CD

MA-05

Jobs Reported

35

NAICS Code

621420

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

359998.00

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

Non-Veteran

Non Profit

Forgiveness Amount

363690.00

Forgiveness Date

04/07/2022

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