PPP Loan information for Charter oak financial inc

$1,181,700

Charter oak financial inc was initially approved for PPP Loan of amount $1,181,700, the current approved amount is $1,181,700. The loan was approved on 04/07/2020 by The Manufacturers and Traders Trust Company reported 72 jobs and $1,181,700 was used to fund payroll.

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

PPP Loan Search / MA / HOLYOKE / Charter oak financial inc

CHARTER OAK FINANCIAL INC

Date Approved

04/07/2020

SBA Office Code

0130

Processing Method

PPP

Borrower Name

CHARTER OAK FINANCIAL INC

Borrower Address

330 WHITNEY AVE SUITE 600

Borrower City

HOLYOKE

Borrower State

MA

Borrower Zip

01040-2659

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1181700.00

Current Approval Amount

1181700.00

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

01040-2659

CD

MA-01

Jobs Reported

72

NAICS Code

523930

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1181700.00

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

1191153.60

Forgiveness Date

02/11/2021

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