PPP Loan information for Piela electric, inc.

$154,583

Piela electric, inc. was initially approved for PPP Loan of amount $154,583, the current approved amount is $154,583. The loan was approved on 04/28/2020 by The Chelsea Groton Bank reported 11 jobs and $154,583 was used to fund payroll.

Piela electric, inc. is Existing or more than 2 years old

PPP Loan Search / CT / PRESTON / Piela electric, inc.

PIELA ELECTRIC, INC.

Date Approved

04/28/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

PIELA ELECTRIC, INC.

Borrower Address

16 Halls Mill Rd

Borrower City

PRESTON

Borrower State

CT

Borrower Zip

06365-8503

Loan Status Date

04/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

154583.00

Current Approval Amount

154583.00

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

PRESTON

Project County Name

NEW LONDON

Project State

CT

Project Zip

06365-8503

CD

CT-02

Jobs Reported

11

NAICS Code

811219

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

123666.40

Mortgage Interest Proceed

30916.60

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

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

155929.78

Forgiveness Date

03/16/2021

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