PPP Loan information for Northeast industrial technologies inc

$195,738

Northeast industrial technologies inc was initially approved for PPP Loan of amount $195,738, the current approved amount is $195,738. The loan was approved on 03/24/2021 by The Cambridge Savings Bank reported 13 jobs and $195,738 was used to fund payroll.

Northeast industrial technologies inc is Existing or more than 2 years old

NORTHEAST INDUSTRIAL TECHNOLOGIES INC

Date Approved

03/24/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

NORTHEAST INDUSTRIAL TECHNOLOGIES INC

Borrower Address

70 Old Canal Dr

Borrower City

Lowell

Borrower State

MA

Borrower Zip

01851-2730

Loan Status Date

08/03/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

195737.52

Current Approval Amount

195737.52

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32698

Servicing Lender Name

Cambridge Savings Bank

Servicing Lender Address

1374 Massachusetts Ave

Servicing Lender City

CAMBRIDGE

Servicing Lender State

MA

Servicing Lender Zip

02138-3822

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lowell

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01851-2730

CD

MA-03

Jobs Reported

13

NAICS Code

332999

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

195734.52

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

32698

Originating Lender

Cambridge Savings Bank

Originating Lender City

CAMBRIDGE

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

198327.69

Forgiveness Date

07/22/2022

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