PPP Loan information for Gen-el-mec associates, inc.

$640,100

Gen-el-mec associates, inc. was initially approved for PPP Loan of amount $640,100, the current approved amount is $640,100. The loan was approved on 04/11/2020 by The Newtown Savings Bank reported 35 jobs and $640,100 was used to fund payroll.

Gen-el-mec associates, inc. is Existing or more than 2 years old

PPP Loan Search / CT / OXFORD / Gen-el-mec associates, inc.

GEN-EL-MEC ASSOCIATES, INC.

Date Approved

04/11/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

GEN-EL-MEC ASSOCIATES, INC.

Borrower Address

2 Fox Hollow Road

Borrower City

OXFORD

Borrower State

CT

Borrower Zip

06478-3161

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

640100.00

Current Approval Amount

640100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16403

Servicing Lender Name

Newtown Savings Bank

Servicing Lender Address

39 Main St

Servicing Lender City

NEWTOWN

Servicing Lender State

CT

Servicing Lender Zip

06470-2134

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OXFORD

Project County Name

NEW HAVEN

Project State

CT

Project Zip

06478-3161

CD

CT-04

Jobs Reported

35

NAICS Code

332911

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

640100.00

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

16403

Originating Lender

Newtown Savings Bank

Originating Lender City

NEWTOWN

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

643869.48

Forgiveness Date

12/02/2020

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