PPP Loan information for Avid inc

$625,528

Avid inc was initially approved for PPP Loan of amount $625,528, the current approved amount is $625,528. The loan was approved on 04/06/2020 by The Webster Bank National Association reported 36 jobs and $625,528 was used to fund payroll.

Avid inc is Existing or more than 2 years old

PPP Loan Search / CT / ROCKY HILL / Avid inc

AVID INC

Date Approved

04/06/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

AVID INC

Borrower Address

100 CORPORATE PLACE

Borrower City

ROCKY HILL

Borrower State

CT

Borrower Zip

06067-1803

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

625528.00

Current Approval Amount

625528.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

ROCKY HILL

Project County Name

HARTFORD

Project State

CT

Project Zip

06067-1803

CD

CT-01

Jobs Reported

36

NAICS Code

541613

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

625528.00

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

630377.98

Forgiveness Date

01/25/2021

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