PPP Loan information for Adams & welch restaurant associates inc

$915,527

Adams & welch restaurant associates inc was initially approved for PPP Loan of amount $915,527, the current approved amount is $915,527. The loan was approved on 06/05/2020 by The Webster Bank National Association reported 110 jobs and $915,527 was used to fund payroll.

Adams & welch restaurant associates inc is Existing or more than 2 years old

ADAMS & WELCH RESTAURANT ASSOCIATES INC

Date Approved

06/05/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

ADAMS & WELCH RESTAURANT ASSOCIATES INC

Borrower Address

143 NEW BRITAIN AVE

Borrower City

PLAINVILLE

Borrower State

CT

Borrower Zip

06062

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

915527.00

Current Approval Amount

915527.00

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

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PLAINVILLE

Project County Name

HARTFORD

Project State

CT

Project Zip

06062-0001

CD

CT-05

Jobs Reported

110

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

915527.00

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

Subchapter S Corporation

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

921270.99

Forgiveness Date

02/02/2021

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