New England Construction Co., Inc.

$816,500 PPP Loan in Rumford, Rhode Island

Loan Details

Loan Number
5896867010
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$816,500
Current Approval
$816,500
Forgiveness Amount
$826,185
Forgiveness Date
Jun 18, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
New England Construction Co., Inc.
Address
293 Bourne Ave
ZIP Code
02916-3345
Business Type
Corporation
Industry (NAICS)
Construction (236220)
Business Age
Existing or more than 2 years old
Jobs Reported
29
Estimated Revenue
$33.0M
Rural/Urban
Urban
Congressional District
RI-01

Loan Use Breakdown

Payroll
$749,000
Utilities
$17,500
Health Care
$50,000

Lender Information

Servicing Lender
Bristol County Savings Bank
Originating Lender
Bristol County Savings Bank

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