PPP Loan information for Creations, incorporated

$17,571

Creations, incorporated was initially approved for PPP Loan of amount $17,571, the current approved amount is $17,571. The loan was approved on 05/27/2020 by The Chelsea Groton Bank reported 3 jobs and $17,571 was used to fund payroll.

Creations, incorporated is Existing or more than 2 years old

CREATIONS, INCORPORATED

Date Approved

05/27/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

CREATIONS, INCORPORATED

Borrower Address

30 PENNSYLVANIA AVE

Borrower City

NIANTIC

Borrower State

CT

Borrower Zip

06357-3231

Loan Status Date

03/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

17571.00

Current Approval Amount

17571.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16318

Servicing Lender Name

Chelsea Groton Bank

Servicing Lender Address

1 Franklin Sq

Servicing Lender City

NORWICH

Servicing Lender State

CT

Servicing Lender Zip

06360-5825

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NIANTIC

Project County Name

NEW LONDON

Project State

CT

Project Zip

06357-3231

CD

CT-02

Jobs Reported

3

NAICS Code

812112

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1757.10

Payroll Proceed

14056.80

Mortgage Interest Proceed

0.00

Rent Proceed

1757.10

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

16318

Originating Lender

Chelsea Groton Bank

Originating Lender City

NORWICH

Originating Lender State

CT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

17690.87

Forgiveness Date

02/03/2021

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