PPP Loan information for Dependable energy inc

$232,400

Dependable energy inc was initially approved for PPP Loan of amount $232,400, the current approved amount is $232,400. The loan was approved on 04/09/2020 by The Ion Bank reported 16 jobs and $232,400 was used to fund payroll.

Dependable energy inc is Existing or more than 2 years old

DEPENDABLE ENERGY INC

Date Approved

04/09/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

DEPENDABLE ENERGY INC

Borrower Address

9 GRAMAR AVE

Borrower City

PROSPECT

Borrower State

CT

Borrower Zip

06712-1017

Loan Status Date

06/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

232400.00

Current Approval Amount

232400.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PROSPECT

Project County Name

NEW HAVEN

Project State

CT

Project Zip

06712-1017

CD

CT-03

Jobs Reported

16

NAICS Code

813990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

232400.00

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

234927.75

Forgiveness Date

05/20/2021

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