PPP Loan information for Utility communications inc

$530,785

Utility communications inc was initially approved for PPP Loan of amount $530,785, the current approved amount is $530,785. The loan was approved on 01/23/2021 by The Ion Bank reported 33 jobs and $530,785 was used to fund payroll.

Utility communications inc is Existing or more than 2 years old

UTILITY COMMUNICATIONS INC

Date Approved

01/23/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

UTILITY COMMUNICATIONS INC

Borrower Address

920 Sherman Ave

Borrower City

Hamden

Borrower State

CT

Borrower Zip

06514-1148

Loan Status Date

01/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

530785.00

Current Approval Amount

530785.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16333

Servicing Lender Name

Ion Bank

Servicing Lender Address

87 Church St

Servicing Lender City

NAUGATUCK

Servicing Lender State

CT

Servicing Lender Zip

06770-4111

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hamden

Project County Name

NEW HAVEN

Project State

CT

Project Zip

06514-1148

CD

CT-03

Jobs Reported

33

NAICS Code

443142

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

530781.00

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

16333

Originating Lender

Ion Bank

Originating Lender City

NAUGATUCK

Originating Lender State

CT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

535263.95

Forgiveness Date

12/07/2021

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