PPP Loan information for Essence inc.

$212,310

Essence inc. was initially approved for PPP Loan of amount $212,310, the current approved amount is $212,310. The loan was approved on 04/30/2020 by The Essex Savings Bank reported 38 jobs and $212,310 was used to fund payroll.

Essence inc. is Existing or more than 2 years old

ESSENCE INC.

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

212310.00

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

38

NAICS Code

812112

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

212310.00

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

16143

Originating Lender

Essex Savings Bank

Originating Lender City

ESSEX

Originating Lender State

CT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

213642.03

Forgiveness Date

12/22/2020

;