Date Approved
04/30/2020
SBA Office Code
0156
Processing Method
PPP
Borrower Name
ESSENCE INC.
Borrower Address
121 Main Street
Borrower City
Old Saybrook
Borrower State
CT
Borrower Zip
06475-2382
Loan Status Date
01/08/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
212310.00
Current Approval Amount
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
Servicing Lender Zip
06426-1503
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
MIDDLESEX
Project State
Project Zip
CD
CT-02
Jobs Reported
38
NAICS Code
812112
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
213642.03
Forgiveness Date
12/22/2020