PPP Loan information for Electric cable compounds inc

$873,015

Electric cable compounds inc was initially approved for PPP Loan of amount $873,015, the current approved amount is $873,015. The loan was approved on 02/05/2021 by The Manufacturers and Traders Trust Company reported 54 jobs and $873,015 was used to fund payroll.

Electric cable compounds inc is Existing or more than 2 years old

PPP Loan Search / CT / Naugatuck / Electric cable compounds inc

ELECTRIC CABLE COMPOUNDS INC

Date Approved

02/05/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

ELECTRIC CABLE COMPOUNDS INC

Borrower Address

108 Rado Dr

Borrower City

Naugatuck

Borrower State

CT

Borrower Zip

06770-2211

Loan Status Date

10/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

873015.00

Current Approval Amount

873015.00

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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Naugatuck

Project County Name

NEW HAVEN

Project State

CT

Project Zip

06770-2211

CD

CT-03

Jobs Reported

54

NAICS Code

335929

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

873010.00

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

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

878229.17

Forgiveness Date

09/15/2021

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