PPP Loan information for Albano systems inc

$639,492

Albano systems inc was initially approved for PPP Loan of amount $639,492, the current approved amount is $639,492. The loan was approved on 04/14/2021 by The Manufacturers and Traders Trust Company reported 29 jobs and $639,492 was used to fund payroll.

Albano systems inc is Existing or more than 2 years old

ALBANO SYSTEMS INC

Date Approved

04/14/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

ALBANO SYSTEMS INC

Borrower Address

1 Hartfield Blvd Ste 203

Borrower City

East Windsor

Borrower State

CT

Borrower Zip

06088-9576

Loan Status Date

02/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

639492.00

Current Approval Amount

639492.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

East Windsor

Project County Name

HARTFORD

Project State

CT

Project Zip

06088-9576

CD

CT-01

Jobs Reported

29

NAICS Code

561311

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

639489.00

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

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

644204.97

Forgiveness Date

01/11/2022

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