PPP Loan information for Web solutions inc

$432,600

Web solutions inc was initially approved for PPP Loan of amount $432,600, the current approved amount is $432,600. The loan was approved on 04/14/2020 by The Ion Bank reported 27 jobs and $432,600 was used to fund payroll.

Web solutions inc is Existing or more than 2 years old

WEB SOLUTIONS INC

Date Approved

04/14/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

WEB SOLUTIONS INC

Borrower Address

250 POMEROY AVE

Borrower City

MERIDEN

Borrower State

CT

Borrower Zip

06450-8316

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

432600.00

Current Approval Amount

432600.00

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

MERIDEN

Project County Name

NEW HAVEN

Project State

CT

Project Zip

06450-8316

CD

CT-05

Jobs Reported

27

NAICS Code

541511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

432600.00

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

434923.00

Forgiveness Date

11/05/2020

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