PPP Loan information for Ferguson electric co inc

$1,650,000

Ferguson electric co inc was initially approved for PPP Loan of amount $1,650,000, the current approved amount is $1,650,000. The loan was approved on 02/22/2021 by The Liberty Bank reported 55 jobs and $1,650,000 was used to fund payroll.

Ferguson electric co inc is Existing or more than 2 years old

PPP Loan Search / CT / Plainville / Ferguson electric co inc

FERGUSON ELECTRIC CO INC

Date Approved

02/22/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

FERGUSON ELECTRIC CO INC

Borrower Address

112 Northwest Dr

Borrower City

Plainville

Borrower State

CT

Borrower Zip

06062-1561

Loan Status Date

09/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1650000.00

Current Approval Amount

1650000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16282

Servicing Lender Name

Liberty Bank

Servicing Lender Address

315 Main St

Servicing Lender City

MIDDLETOWN

Servicing Lender State

CT

Servicing Lender Zip

06457-3345

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Plainville

Project County Name

HARTFORD

Project State

CT

Project Zip

06062-1561

CD

CT-05

Jobs Reported

55

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1649998.00

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

16282

Originating Lender

Liberty Bank

Originating Lender City

MIDDLETOWN

Originating Lender State

CT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1673695.83

Forgiveness Date

08/09/2022

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