PPP Loan information for Continental machine tool co inc

$395,000

Continental machine tool co inc was initially approved for PPP Loan of amount $395,000, the current approved amount is $395,000. The loan was approved on 02/18/2021 by The Bank of America, National Association reported 29 jobs and $395,000 was used to fund payroll.

Continental machine tool co inc is Existing or more than 2 years old

PPP Loan Search / CT / New Britain / Continental machine tool co inc

CONTINENTAL MACHINE TOOL CO INC

Date Approved

02/18/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

CONTINENTAL MACHINE TOOL CO INC

Borrower Address

533 John Downey Dr

Borrower City

New Britain

Borrower State

CT

Borrower Zip

06051-2435

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

395000.00

Current Approval Amount

395000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

New Britain

Project County Name

HARTFORD

Project State

CT

Project Zip

06051-2435

CD

CT-05

Jobs Reported

29

NAICS Code

332999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

394997.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

398160.00

Forgiveness Date

12/16/2021

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