PPP Loan information for Axel plastics research laboratories, inc.

$514,294

Axel plastics research laboratories, inc. was initially approved for PPP Loan of amount $514,294, the current approved amount is $514,294. The loan was approved on 04/04/2020 by The Manufacturers and Traders Trust Company reported 41 jobs and $514,294 was used to fund payroll.

Axel plastics research laboratories, inc. is Existing or more than 2 years old

PPP Loan Search / CT / MONROE / Axel plastics research laboratories, inc.

AXEL PLASTICS RESEARCH LABORATORIES, INC.

Date Approved

04/04/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

AXEL PLASTICS RESEARCH LABORATORIES, INC.

Borrower Address

50 CAMBRIDGE DR

Borrower City

MONROE

Borrower State

CT

Borrower Zip

06468-2661

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

514294.00

Current Approval Amount

514294.00

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

MONROE

Project County Name

FAIRFIELD

Project State

CT

Project Zip

06468-2661

CD

CT-04

Jobs Reported

41

NAICS Code

325998

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

491759.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

22535.00

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

Unanswered

Non Profit

Forgiveness Amount

517196.59

Forgiveness Date

11/20/2020

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