Northeast Biomedical, INC

$76,100 PPP Loan in Tyngsboro, Massachusetts

Loan Details

Loan Number
1486847308
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$76,100
Current Approval
$76,100
Forgiveness Amount
$76,677
Forgiveness Date
Feb 4, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Northeast Biomedical, INC
Address
100 Business Park Dr Unit #5
ZIP Code
01879-1000
Business Type
Corporation
Industry (NAICS)
Manufacturing (339112)
Business Age
New Business or 2 years or less
Jobs Reported
9
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MA-03

Loan Use Breakdown

Payroll
$68,000
Rent
$4,000
Utilities
$1,600
Health Care
$2,200
Debt Interest
$300

Lender Information

Servicing Lender
Enterprise Bank and Trust Company
Originating Lender
Enterprise Bank and Trust Company

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