PPP Loan information for Frasal tool co. inc

$325,622

Frasal tool co. inc was initially approved for PPP Loan of amount $325,622, the current approved amount is $325,622. The loan was approved on 02/06/2021 by The Webster Bank National Association reported 25 jobs and $325,622 was used to fund payroll.

Frasal tool co. inc is Existing or more than 2 years old

PPP Loan Search / CT / Newington / Frasal tool co. inc

FRASAL TOOL CO. INC

Date Approved

02/06/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

FRASAL TOOL CO. INC

Borrower Address

14 Foster St

Borrower City

Newington

Borrower State

CT

Borrower Zip

06111-4906

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

325622.00

Current Approval Amount

325622.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

15940

Servicing Lender Name

Webster Bank National Association

Servicing Lender Address

137 Bank St

Servicing Lender City

WATERBURY

Servicing Lender State

CT

Servicing Lender Zip

06702-2205

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Newington

Project County Name

HARTFORD

Project State

CT

Project Zip

06111-4906

CD

CT-01

Jobs Reported

25

NAICS Code

333515

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

325621.00

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

Corporation

Originating Lender Location Id

15940

Originating Lender

Webster Bank National Association

Originating Lender City

WATERBURY

Originating Lender State

CT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

329734.65

Forgiveness Date

05/19/2022

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