PPP Loan information for Society for experimental mechanics

$71,763

Society for experimental mechanics was initially approved for PPP Loan of amount $71,763, the current approved amount is $71,763. The loan was approved on 07/28/2020 by The Wells Fargo Bank, National Association reported 7 jobs and $71,763 was used to fund payroll.

Society for experimental mechanics is Existing or more than 2 years old

SOCIETY FOR EXPERIMENTAL MECHANICS

Date Approved

07/28/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

SOCIETY FOR EXPERIMENTAL MECHANICS

Borrower Address

7 SCHOOL STREET

Borrower City

BETHEL

Borrower State

CT

Borrower Zip

06801-1828

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

71763.00

Current Approval Amount

71763.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BETHEL

Project County Name

FAIRFIELD

Project State

CT

Project Zip

06801-1828

CD

CT-05

Jobs Reported

7

NAICS Code

611310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

71763.00

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

Non-Profit Organization

Originating Lender Location Id

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

72248.63

Forgiveness Date

04/02/2021

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