PPP Loan information for North point marine & industrial inc.

$518,000

North point marine & industrial inc. was initially approved for PPP Loan of amount $518,000, the current approved amount is $518,000. The loan was approved on 04/27/2020 by The Cambridge Trust Company reported 23 jobs and $518,000 was used to fund payroll.

North point marine & industrial inc. is Existing or more than 2 years old

PPP Loan Search / NH / Portsmouth / North point marine & industrial inc.

NORTH POINT MARINE & INDUSTRIAL INC.

Date Approved

04/27/2020

SBA Office Code

0189

Processing Method

PPP

Borrower Name

NORTH POINT MARINE & INDUSTRIAL INC.

Borrower Address

145 Heritage Ave #2

Borrower City

Portsmouth

Borrower State

NH

Borrower Zip

03802

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

518000.00

Current Approval Amount

518000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32708

Servicing Lender Name

Cambridge Trust Company

Servicing Lender Address

1336 Massachusetts Ave

Servicing Lender City

CAMBRIDGE

Servicing Lender State

MA

Servicing Lender Zip

02138-3842

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Portsmouth

Project County Name

ROCKINGHAM

Project State

NH

Project Zip

03802-0001

CD

NH-01

Jobs Reported

23

NAICS Code

336611

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2500.00

Payroll Proceed

480000.00

Mortgage Interest Proceed

0.00

Rent Proceed

35500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

32708

Originating Lender

Cambridge Trust Company

Originating Lender City

CAMBRIDGE

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

521985.72

Forgiveness Date

02/09/2021

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