PPP Loan information for Direct color, inc

$925,000

Direct color, inc was initially approved for PPP Loan of amount $925,000, the current approved amount is $925,000. The loan was approved on 04/16/2020 by The Webster Bank National Association reported 50 jobs and $925,000 was used to fund payroll.

Direct color, inc is New Business or 2 years or less

DIRECT COLOR, INC

Date Approved

04/16/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

DIRECT COLOR, INC

Borrower Address

99 HAMMER MILL RD

Borrower City

ROCKY HILL

Borrower State

CT

Borrower Zip

06067-3771

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

925000.00

Current Approval Amount

925000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

15940

Servicing Lender Name

Webster Bank National Association

Servicing Lender Address

137 Bank St

Servicing Lender City

WATERBURY

Servicing Lender State

CT

Servicing Lender Zip

06702-2205

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

ROCKY HILL

Project County Name

HARTFORD

Project State

CT

Project Zip

06067-3771

CD

CT-01

Jobs Reported

50

NAICS Code

323111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

925000.00

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

15940

Originating Lender

Webster Bank National Association

Originating Lender City

WATERBURY

Originating Lender State

CT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

933641.78

Forgiveness Date

03/31/2021

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