PPP Loan information for Balfor industries inc

$84,000

Balfor industries inc was initially approved for PPP Loan of amount $84,000, the current approved amount is $84,000. The loan was approved on 04/08/2020 by The Ion Bank reported 12 jobs and $84,000 was used to fund payroll.

Balfor industries inc is Existing or more than 2 years old

PPP Loan Search / CT / OXFORD / Balfor industries inc

BALFOR INDUSTRIES INC

Date Approved

04/08/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

BALFOR INDUSTRIES INC

Borrower Address

327 RIGGS ST

Borrower City

OXFORD

Borrower State

CT

Borrower Zip

06478-1129

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

84000.00

Current Approval Amount

84000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16333

Servicing Lender Name

Ion Bank

Servicing Lender Address

87 Church St

Servicing Lender City

NAUGATUCK

Servicing Lender State

CT

Servicing Lender Zip

06770-4111

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OXFORD

Project County Name

NEW HAVEN

Project State

CT

Project Zip

06478-1129

CD

CT-04

Jobs Reported

12

NAICS Code

326112

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

84000.00

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

Corporation

Originating Lender Location Id

16333

Originating Lender

Ion Bank

Originating Lender City

NAUGATUCK

Originating Lender State

CT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

85040.22

Forgiveness Date

07/14/2021

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