New England Cooling Towers, Inc.

$357,700 PPP Loan in Tyngsboro, Massachusetts

Loan Details

Loan Number
5869527007
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$357,700
Current Approval
$357,700
Forgiveness Amount
$359,670
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
New England Cooling Towers, Inc.
Address
69 Westech Dr
ZIP Code
01879-2720
Business Type
Corporation
Industry (NAICS)
Construction (238220)
Business Age
Existing or more than 2 years old
Jobs Reported
26
Estimated Revenue
$8.2M
Rural/Urban
Urban
Congressional District
MA-03

Loan Use Breakdown

Payroll
$196,665
Rent
$8,000
Utilities
$2,235
Health Care
$150,800

Lender Information

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

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