PPP Loan information for Mad river construction

$62,712

Mad river construction was initially approved for PPP Loan of amount $62,712, the current approved amount is $62,712. The loan was approved on 04/14/2020 by The Chelsea Groton Bank reported 6 jobs and $62,712 was used to fund payroll.

Mad river construction is Existing or more than 2 years old

MAD RIVER CONSTRUCTION

Date Approved

04/14/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

MAD RIVER CONSTRUCTION

Borrower Address

12 NORTH RD

Borrower City

PAWCATUCK

Borrower State

CT

Borrower Zip

06379-1319

Loan Status Date

03/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

62712.00

Current Approval Amount

62712.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16318

Servicing Lender Name

Chelsea Groton Bank

Servicing Lender Address

1 Franklin Sq

Servicing Lender City

NORWICH

Servicing Lender State

CT

Servicing Lender Zip

06360-5825

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PAWCATUCK

Project County Name

NEW LONDON

Project State

CT

Project Zip

06379-1319

CD

CT-02

Jobs Reported

6

NAICS Code

238910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6271.00

Payroll Proceed

50170.00

Mortgage Interest Proceed

0.00

Rent Proceed

6271.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

16318

Originating Lender

Chelsea Groton Bank

Originating Lender City

NORWICH

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

63244.62

Forgiveness Date

02/25/2021

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