Mutual Fire Insurance Association of New England

$456,067 PPP Loan in Wakefield, Massachusetts

Loan Details

Loan Number
5204787010
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$456,067
Current Approval
$456,067
Forgiveness Amount
$460,165
Forgiveness Date
Mar 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mutual Fire Insurance Association of New England
Address
500 Edgewater Drive
ZIP Code
01880-1267
Business Type
Corporation
Industry (NAICS)
Finance and Insurance (524128)
Business Age
Existing or more than 2 years old
Jobs Reported
29
Estimated Revenue
$14.9M
Rural/Urban
Urban
Congressional District
MA-06

Loan Use Breakdown

Payroll
$376,709
Rent
$21,847
Utilities
$1,176
Health Care
$56,335

Lender Information

Servicing Lender
The Lowell Five Cent Savings Bank
Originating Lender
The Lowell Five Cent Savings Bank

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