# PPP loan: NORTHEAST INDUSTRIAL TECHNOLOGIES INC
> **$196K** approved 03/24/2021 · Paid in Full · Loan `8140628607`
## Borrower
- **Name:** NORTHEAST INDUSTRIAL TECHNOLOGIES INC
- **Address:** 70 Old Canal Dr, Lowell, MA, 01851-2730
- **NAICS:** 332999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $196K
- **Initial approval:** $196K
- **Forgiven:** $198K (101%)
- **Forgiveness date:** 07/22/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $196K
- **Utilities:** $1
- **Jobs reported:** 13
## Lender
- **Originating:** Cambridge Savings Bank
- **Servicing:** Cambridge Savings Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*