PPP Loan information for Traver electric motor company inc.

$214,405

Traver electric motor company inc. was initially approved for PPP Loan of amount $214,405, the current approved amount is $214,405. The loan was approved on 03/03/2021 by The Webster Bank National Association reported 16 jobs and $214,405 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

03/03/2021

SBA Office Code

0156

Processing Method

PPS

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

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

214405.00

Current Approval Amount

214405.00

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

16

NAICS Code

335312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

214403.00

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

216296.46

Forgiveness Date

01/25/2022

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