PPP Loan information for Production equipment co

$263,750

Production equipment co was initially approved for PPP Loan of amount $263,750, the current approved amount is $263,750. The loan was approved on 01/20/2021 by The Ion Bank reported 18 jobs and $263,750 was used to fund payroll.

Production equipment co is Existing or more than 2 years old

PPP Loan Search / CT / Meriden / Production equipment co

PRODUCTION EQUIPMENT CO

Date Approved

01/20/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

PRODUCTION EQUIPMENT CO

Borrower Address

401 Liberty St

Borrower City

Meriden

Borrower State

CT

Borrower Zip

06450-4528

Loan Status Date

10/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

263750.00

Current Approval Amount

263750.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16333

Servicing Lender Name

Ion Bank

Servicing Lender Address

87 Church St

Servicing Lender City

NAUGATUCK

Servicing Lender State

CT

Servicing Lender Zip

06770-4111

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Meriden

Project County Name

NEW HAVEN

Project State

CT

Project Zip

06450-4528

CD

CT-05

Jobs Reported

18

NAICS Code

333923

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

263748.00

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

Partnership

Originating Lender Location Id

16333

Originating Lender

Ion Bank

Originating Lender City

NAUGATUCK

Originating Lender State

CT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

265397.53

Forgiveness Date

09/20/2021

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