PPP Loan information for Charter oak financial inc

$1,143,020

Charter oak financial inc was initially approved for PPP Loan of amount $1,143,020, the current approved amount is $1,143,020. The loan was approved on 02/10/2021 by The Manufacturers and Traders Trust Company reported 71 jobs and $1,143,020 was used to fund payroll.

Charter oak financial inc is Existing or more than 2 years old

CHARTER OAK FINANCIAL INC

Date Approved

02/10/2021

SBA Office Code

0130

Processing Method

PPS

Borrower Name

CHARTER OAK FINANCIAL INC

Borrower Address

330 Whitney Ave Ste 600

Borrower City

Holyoke

Borrower State

MA

Borrower Zip

01040-2754

Loan Status Date

01/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1143020.00

Current Approval Amount

1143020.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Holyoke

Project County Name

HAMPDEN

Project State

MA

Project Zip

01040-2754

CD

MA-01

Jobs Reported

71

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1143020.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1151443.90

Forgiveness Date

11/15/2021

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