# PPP loan: NEW ENGLAND INDUSTRIES INC.
> **$649K** approved 03/17/2021 · Paid in Full · Loan `3537218608`
## Borrower
- **Name:** NEW ENGLAND INDUSTRIES INC.
- **Address:** 85 Etna Rd, Lebanon, NH, 03766-1466
- **NAICS:** 336370
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $649K
- **Initial approval:** $649K
- **Forgiven:** $658K (101%)
- **Forgiveness date:** 07/08/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $649K
- **Jobs reported:** 40
## Lender
- **Originating:** Mascoma Bank
- **Servicing:** Mascoma Bank (NH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*