PPP Loan information for Traver electric motor company inc

$181,000

Traver electric motor company inc was initially approved for PPP Loan of amount $181,000, the current approved amount is $181,000. The loan was approved on 04/10/2020 by The Webster Bank National Association reported 14 jobs and $181,000 was used to fund payroll.

Traver electric motor company inc is Existing or more than 2 years old

TRAVER ELECTRIC MOTOR COMPANY INC

Date Approved

04/10/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

TRAVER ELECTRIC MOTOR COMPANY INC

Borrower Address

151 HOMER ST

Borrower City

WATERBURY

Borrower State

CT

Borrower Zip

06704-1729

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

181000.00

Current Approval Amount

181000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

15940

Servicing Lender Name

Webster Bank National Association

Servicing Lender Address

137 Bank St

Servicing Lender City

WATERBURY

Servicing Lender State

CT

Servicing Lender Zip

06702-2205

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WATERBURY

Project County Name

NEW HAVEN

Project State

CT

Project Zip

06704-1729

CD

CT-05

Jobs Reported

14

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

181000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

15940

Originating Lender

Webster Bank National Association

Originating Lender City

WATERBURY

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

183102.58

Forgiveness Date

06/22/2021

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