PPP Loan information for The center: a drop-in community learning and resource center

$33,750

The center: a drop-in community learning and resource center was initially approved for PPP Loan of amount $33,750, the current approved amount is $33,750. The loan was approved on 06/25/2020 by The Liberty Bank reported 10 jobs and $33,750 was used to fund payroll.

The center: a drop-in community learning and resource center is Existing or more than 2 years old

THE CENTER: A DROP-IN COMMUNITY LEARNING AND RESOURCE CENTER

Date Approved

06/25/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

THE CENTER: A DROP-IN COMMUNITY LEARNING AND RESOURCE CENTER

Borrower Address

76 Federal Street P.O. Box 848

Borrower City

New London

Borrower State

CT

Borrower Zip

06320-6601

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

33750.00

Current Approval Amount

33750.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

New London

Project County Name

NEW LONDON

Project State

CT

Project Zip

06320-6601

CD

CT-02

Jobs Reported

10

NAICS Code

624110

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

33750.00

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 Childcare Center

Originating Lender Location Id

16282

Originating Lender

Liberty Bank

Originating Lender City

MIDDLETOWN

Originating Lender State

CT

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

34007.81

Forgiveness Date

04/05/2021

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