PPP Loan information for Northeast business group, inc.

$256,700

Northeast business group, inc. was initially approved for PPP Loan of amount $256,700, the current approved amount is $256,700. The loan was approved on 04/27/2020 by The Leader Bank, National Association reported 35 jobs and $256,700 was used to fund payroll.

Northeast business group, inc. is Existing or more than 2 years old

PPP Loan Search / MA / Cambridge / Northeast business group, inc.

NORTHEAST BUSINESS GROUP, INC.

Date Approved

04/27/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

NORTHEAST BUSINESS GROUP, INC.

Borrower Address

57 JKS Street

Borrower City

Cambridge

Borrower State

MA

Borrower Zip

02138-4954

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

256700.00

Current Approval Amount

256700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

262380

Servicing Lender Name

Leader Bank, National Association

Servicing Lender Address

180 Massachusetts Ave

Servicing Lender City

ARLINGTON

Servicing Lender State

MA

Servicing Lender Zip

02474-8448

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cambridge

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02138-4954

CD

MA-05

Jobs Reported

35

NAICS Code

621511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

192525.00

Mortgage Interest Proceed

0.00

Rent Proceed

64175.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

262380

Originating Lender

Leader Bank, National Association

Originating Lender City

ARLINGTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

259618.64

Forgiveness Date

06/24/2021

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