PPP Loan information for American dry basement systems

$171,132

American dry basement systems was initially approved for PPP Loan of amount $171,132, the current approved amount is $171,132. The loan was approved on 04/27/2020 by The Savings Bank of Danbury reported 20 jobs and $171,132 was used to fund payroll.

American dry basement systems is Existing or more than 2 years old

AMERICAN DRY BASEMENT SYSTEMS

Date Approved

04/27/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

AMERICAN DRY BASEMENT SYSTEMS

Borrower Address

5 Oak Ln

Borrower City

Danbury

Borrower State

CT

Borrower Zip

06810

Loan Status Date

02/09/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

171132.00

Current Approval Amount

171132.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16105

Servicing Lender Name

Savings Bank of Danbury

Servicing Lender Address

220 Main St

Servicing Lender City

DANBURY

Servicing Lender State

CT

Servicing Lender Zip

06810-6635

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Danbury

Project County Name

FAIRFIELD

Project State

CT

Project Zip

06810-1300

CD

CT-05

Jobs Reported

20

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

171132.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

16105

Originating Lender

Savings Bank of Danbury

Originating Lender City

DANBURY

Originating Lender State

CT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

174079.27

Forgiveness Date

01/19/2022

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