PPP Loan information for Chestnut electric corp

$329,662

Chestnut electric corp was initially approved for PPP Loan of amount $329,662, the current approved amount is $329,662. The loan was approved on 01/31/2021 by The Manufacturers and Traders Trust Company reported 29 jobs and $329,662 was used to fund payroll.

Chestnut electric corp is Existing or more than 2 years old

CHESTNUT ELECTRIC CORP

Date Approved

01/31/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

CHESTNUT ELECTRIC CORP

Borrower Address

26 Cricket Ln

Borrower City

Wilton

Borrower State

CT

Borrower Zip

06897-4078

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

329662.00

Current Approval Amount

329662.00

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

Wilton

Project County Name

FAIRFIELD

Project State

CT

Project Zip

06897-4078

CD

CT-04

Jobs Reported

29

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

329658.00

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

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

330890.33

Forgiveness Date

06/25/2021

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