PPP Loan information for Essence inc.

$232,298

Essence inc. was initially approved for PPP Loan of amount $232,298, the current approved amount is $232,298. The loan was approved on 01/23/2021 by The Essex Savings Bank reported 18 jobs and $232,298 was used to fund payroll.

Essence inc. is Existing or more than 2 years old

PPP Loan Search / CT / Old Saybrook / Essence inc.

ESSENCE INC.

Date Approved

01/23/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

ESSENCE INC.

Borrower Address

121 Main St

Borrower City

Old Saybrook

Borrower State

CT

Borrower Zip

06475-2382

Loan Status Date

02/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

232297.50

Current Approval Amount

232297.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16143

Servicing Lender Name

Essex Savings Bank

Servicing Lender Address

35 Plains Rd

Servicing Lender City

ESSEX

Servicing Lender State

CT

Servicing Lender Zip

06426-1503

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Old Saybrook

Project County Name

MIDDLESEX

Project State

CT

Project Zip

06475-2382

CD

CT-02

Jobs Reported

18

NAICS Code

541990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

232291.50

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

16143

Originating Lender

Essex Savings Bank

Originating Lender City

ESSEX

Originating Lender State

CT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

234480.46

Forgiveness Date

01/13/2022

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