PPP Loan information for Coronet machinery corp.

$424,215

Coronet machinery corp. was initially approved for PPP Loan of amount $424,215, the current approved amount is $424,215. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 50 jobs and $424,215 was used to fund payroll.

Coronet machinery corp. is Existing or more than 2 years old

PPP Loan Search / CT / Bethel / Coronet machinery corp.

CORONET MACHINERY CORP.

Date Approved

04/15/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

CORONET MACHINERY CORP.

Borrower Address

8 Trowbridge Drive

Borrower City

Bethel

Borrower State

CT

Borrower Zip

06801

Loan Status Date

03/02/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

424215.00

Current Approval Amount

424215.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

Bethel

Project County Name

FAIRFIELD

Project State

CT

Project Zip

06801-0001

CD

CT-05

Jobs Reported

50

NAICS Code

332710

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10000.00

Payroll Proceed

362950.00

Mortgage Interest Proceed

0.00

Rent Proceed

20000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

31265.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

426585.96

Forgiveness Date

11/12/2020

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