PPP Loan information for Communication technologies inc

$52,900

Communication technologies inc was initially approved for PPP Loan of amount $52,900, the current approved amount is $52,900. The loan was approved on 04/06/2020 by The Hometown Bank reported 6 jobs and $52,900 was used to fund payroll.

Communication technologies inc is New Business or 2 years or less

COMMUNICATION TECHNOLOGIES INC

Date Approved

04/06/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

COMMUNICATION TECHNOLOGIES INC

Borrower Address

1020 PARK AVE, SUITE 211

Borrower City

CRANSTON

Borrower State

RI

Borrower Zip

02910-3200

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

52900.00

Current Approval Amount

52900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89228

Servicing Lender Name

Hometown Bank

Servicing Lender Address

31 Sutton Ave

Servicing Lender City

OXFORD

Servicing Lender State

MA

Servicing Lender Zip

01540-1755

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

CRANSTON

Project County Name

PROVIDENCE

Project State

RI

Project Zip

02910-3200

CD

RI-02

Jobs Reported

6

NAICS Code

541512

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

52900.00

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

89228

Originating Lender

Hometown Bank

Originating Lender City

OXFORD

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

53550.74

Forgiveness Date

07/09/2021

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