PPP Loan information for Concentric tool & manufacturing company, inc.

$154,500

Concentric tool & manufacturing company, inc. was initially approved for PPP Loan of amount $154,500, the current approved amount is $154,500. The loan was approved on 04/15/2020 by The Ion Bank reported 21 jobs and $154,500 was used to fund payroll.

Concentric tool & manufacturing company, inc. is Existing or more than 2 years old

PPP Loan Search / CT / NAUGATUCK / Concentric tool & manufacturing company, inc.

CONCENTRIC TOOL & MANUFACTURING COMPANY, INC.

Date Approved

04/15/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

CONCENTRIC TOOL & MANUFACTURING COMPANY, INC.

Borrower Address

550 SPRING ST

Borrower City

NAUGATUCK

Borrower State

CT

Borrower Zip

06770-1906

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

154500.00

Current Approval Amount

154500.00

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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NAUGATUCK

Project County Name

NEW HAVEN

Project State

CT

Project Zip

06770-1906

CD

CT-03

Jobs Reported

21

NAICS Code

333517

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

154500.00

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

155316.95

Forgiveness Date

11/03/2020

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