PPP Loan information for Degree incorporated

$225,800

Degree incorporated was initially approved for PPP Loan of amount $225,800, the current approved amount is $225,800. The loan was approved on 04/12/2020 by The Liberty Bank reported 16 jobs and $225,800 was used to fund payroll.

Degree incorporated is Existing or more than 2 years old

DEGREE INCORPORATED

Date Approved

04/12/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

DEGREE INCORPORATED

Borrower Address

160 OAK ST

Borrower City

GLASTONBURY

Borrower State

CT

Borrower Zip

06033-2318

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

225800.00

Current Approval Amount

225800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16282

Servicing Lender Name

Liberty Bank

Servicing Lender Address

315 Main St

Servicing Lender City

MIDDLETOWN

Servicing Lender State

CT

Servicing Lender Zip

06457-3345

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GLASTONBURY

Project County Name

HARTFORD

Project State

CT

Project Zip

06033-2318

CD

CT-01

Jobs Reported

16

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

225800.00

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

16282

Originating Lender

Liberty Bank

Originating Lender City

MIDDLETOWN

Originating Lender State

CT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

227437.05

Forgiveness Date

01/14/2021

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