PPP Loan information for United gear and machine company, inc.

$236,800

United gear and machine company, inc. was initially approved for PPP Loan of amount $236,800, the current approved amount is $236,800. The loan was approved on 04/15/2020 by The PeoplesBank reported 14 jobs and $236,800 was used to fund payroll.

United gear and machine company, inc. is Existing or more than 2 years old

PPP Loan Search / CT / SUFFIELD / United gear and machine company, inc.

UNITED GEAR AND MACHINE COMPANY, INC.

Date Approved

04/15/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

UNITED GEAR AND MACHINE COMPANY, INC.

Borrower Address

1087 EAST ST SOUTH

Borrower City

SUFFIELD

Borrower State

CT

Borrower Zip

06078-2405

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

236800.00

Current Approval Amount

236800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32869

Servicing Lender Name

PeoplesBank

Servicing Lender Address

330 Whitney Ave

Servicing Lender City

HOLYOKE

Servicing Lender State

MA

Servicing Lender Zip

01040-2751

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SUFFIELD

Project County Name

HARTFORD

Project State

CT

Project Zip

06078-2405

CD

CT-02

Jobs Reported

14

NAICS Code

332721

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

236800.00

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

Corporation

Originating Lender Location Id

32869

Originating Lender

PeoplesBank

Originating Lender City

HOLYOKE

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

238603.57

Forgiveness Date

01/26/2021

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