PPP Loan information for Congress tools inc.

$91,500

Congress tools inc. was initially approved for PPP Loan of amount $91,500, the current approved amount is $91,500. The loan was approved on 01/28/2021 by The Ion Bank reported 5 jobs and $91,500 was used to fund payroll.

Congress tools inc. is Existing or more than 2 years old

PPP Loan Search / CT / Naugatuck / Congress tools inc.

CONGRESS TOOLS INC.

Date Approved

01/28/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

CONGRESS TOOLS INC.

Borrower Address

51 Great Hill Rd

Borrower City

Naugatuck

Borrower State

CT

Borrower Zip

06770-2227

Loan Status Date

10/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

91500.00

Current Approval Amount

91500.00

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

06770-2227

CD

CT-03

Jobs Reported

5

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

91498.00

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

92021.42

Forgiveness Date

09/01/2021

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