PPP Loan information for Eastern community

$950,000

Eastern community was initially approved for PPP Loan of amount $950,000, the current approved amount is $950,000. The loan was approved on 04/27/2020 by The Webster Bank National Association reported 115 jobs and $950,000 was used to fund payroll.

Eastern community is Existing or more than 2 years old

PPP Loan Search / CT / WATERFORD / Eastern community

EASTERN COMMUNITY

Date Approved

04/27/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

EASTERN COMMUNITY

Borrower Address

156 CROSS ROAD

Borrower City

WATERFORD

Borrower State

CT

Borrower Zip

06385

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

950000.00

Current Approval Amount

950000.00

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

Existing or more than 2 years old

Project City

WATERFORD

Project County Name

NEW LONDON

Project State

CT

Project Zip

06385-0001

CD

CT-02

Jobs Reported

115

NAICS Code

624190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

950000.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

958172.60

Forgiveness Date

03/24/2021

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