PPP Loan information for Algoo group inc

$57,000

Algoo group inc was initially approved for PPP Loan of amount $57,000, the current approved amount is $57,000. The loan was approved on 04/06/2020 by The Webster Five Cents Savings Bank reported 12 jobs and $57,000 was used to fund payroll.

Algoo group inc is Existing or more than 2 years old

PPP Loan Search / CT / ENFIELD / Algoo group inc

ALGOO GROUP INC

Date Approved

04/06/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

ALGOO GROUP INC

Borrower Address

600 enfield St

Borrower City

ENFIELD

Borrower State

CT

Borrower Zip

06082-2409

Loan Status Date

05/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

57000.00

Current Approval Amount

57000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33428

Servicing Lender Name

Webster Five Cents Savings Bank

Servicing Lender Address

136 Thompson Rd

Servicing Lender City

WEBSTER

Servicing Lender State

MA

Servicing Lender Zip

01570-1416

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ENFIELD

Project County Name

HARTFORD

Project State

CT

Project Zip

06082-2409

CD

CT-02

Jobs Reported

12

NAICS Code

447110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

57000.00

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

33428

Originating Lender

Webster Five Cents Savings Bank

Originating Lender City

WEBSTER

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

57593.75

Forgiveness Date

04/27/2021

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