PPP Loan information for Nitsch engineering inc

$1,933,322

Nitsch engineering inc was initially approved for PPP Loan of amount $1,933,322, the current approved amount is $1,933,322. The loan was approved on 04/06/2020 by The Eastern Bank reported 106 jobs and $1,933,322 was used to fund payroll.

Nitsch engineering inc is Existing or more than 2 years old

PPP Loan Search / MA / BOSTON / Nitsch engineering inc

NITSCH ENGINEERING INC

Date Approved

04/06/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

NITSCH ENGINEERING INC

Borrower Address

2 CENTER PLZ Suite 430

Borrower City

BOSTON

Borrower State

MA

Borrower Zip

02108-1902

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1933322.00

Current Approval Amount

1933322.00

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

BOSTON

Project County Name

SUFFOLK

Project State

MA

Project Zip

02108-1902

CD

MA-08

Jobs Reported

106

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1933322.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1952923.74

Forgiveness Date

04/15/2021

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