PPP Loan information for Basement systems inc.

$2,555,000

Basement systems inc. was initially approved for PPP Loan of amount $2,555,000, the current approved amount is $2,555,000. The loan was approved on 04/03/2020 by The Ion Bank reported 179 jobs and $2,555,000 was used to fund payroll.

Basement systems inc. is Existing or more than 2 years old

PPP Loan Search / CT / SEYMOUR / Basement systems inc.

BASEMENT SYSTEMS INC.

Date Approved

04/03/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

BASEMENT SYSTEMS INC.

Borrower Address

60 SILVERMINE RD

Borrower City

SEYMOUR

Borrower State

CT

Borrower Zip

06483-3931

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2555000.00

Current Approval Amount

2555000.00

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

SEYMOUR

Project County Name

NEW HAVEN

Project State

CT

Project Zip

06483-3931

CD

CT-03

Jobs Reported

179

NAICS Code

236118

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2555000.00

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

2584470.00

Forgiveness Date

06/09/2021

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