New England Golf Cars INC

$385,700 PPP Loan in Seekonk, Massachusetts

Loan Details

Loan Number
4660927003
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$385,700
Current Approval
$385,700
Forgiveness Amount
$390,639
Forgiveness Date
Jul 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
New England Golf Cars INC
Address
62 Industrial Way
ZIP Code
02771-2012
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423910)
Business Age
Existing or more than 2 years old
Jobs Reported
33
Estimated Revenue
$10.1M
Rural/Urban
Urban
Congressional District
MA-04

Loan Use Breakdown

Payroll
$277,200
Rent
$39,700
Utilities
$8,700
Health Care
$31,500
Debt Interest
$28,600

Lender Information

Servicing Lender
Mechanics Cooperative Bank
Originating Lender
Mechanics Cooperative Bank

Other PPP Loans in Seekonk, MA

BusinessApproved
Herb Chambers 44 INC$1,387,092NewBizBotAI Deep Dive
Island International Industries New England LLC$1,115,561NewBizBotAI Deep Dive
D.f. Pray INC$1,041,897NewBizBotAI Deep Dive
D.f. Pray Inc.$948,330NewBizBotAI Deep Dive
Ocean Express, LLC$799,274NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free