PPP Loan information for Adams & welch restaurant association

$1,289,942

Adams & welch restaurant association was initially approved for PPP Loan of amount $1,289,942, the current approved amount is $1,289,942. The loan was approved on 02/02/2021 by The Webster Bank National Association reported 153 jobs and $1,289,942 was used to fund payroll.

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

PPP Loan Search / CT / Plainville / Adams & welch restaurant association

ADAMS & WELCH RESTAURANT ASSOCIATION

Date Approved

02/02/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

ADAMS & WELCH RESTAURANT ASSOCIATION

Borrower Address

143 New Britain Ave

Borrower City

Plainville

Borrower State

CT

Borrower Zip

06062-2021

Loan Status Date

05/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1289942.00

Current Approval Amount

1289942.00

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

06062-2021

CD

CT-05

Jobs Reported

153

NAICS Code

722511

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1289937.00

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

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

1304608.46

Forgiveness Date

04/04/2022

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