PPP Loan information for Chelsea insurance agency

$71,553

Chelsea insurance agency was initially approved for PPP Loan of amount $71,553, the current approved amount is $71,553. The loan was approved on 04/28/2020 by The Chelsea Groton Bank reported 5 jobs and $71,553 was used to fund payroll.

Chelsea insurance agency is Existing or more than 2 years old

PPP Loan Search / CT / NORWICH / Chelsea insurance agency

CHELSEA INSURANCE AGENCY

Date Approved

04/28/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

CHELSEA INSURANCE AGENCY

Borrower Address

124 WEST TOWN ST

Borrower City

NORWICH

Borrower State

CT

Borrower Zip

06360-2125

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

71553.00

Current Approval Amount

71553.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16318

Servicing Lender Name

Chelsea Groton Bank

Servicing Lender Address

1 Franklin Sq

Servicing Lender City

NORWICH

Servicing Lender State

CT

Servicing Lender Zip

06360-5825

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORWICH

Project County Name

NEW LONDON

Project State

CT

Project Zip

06360-2125

CD

CT-02

Jobs Reported

5

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

71553.00

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

16318

Originating Lender

Chelsea Groton Bank

Originating Lender City

NORWICH

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

71984.28

Forgiveness Date

12/08/2020

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