PPP Loan information for Hersam acorn newspapers

$853,283

Hersam acorn newspapers was initially approved for PPP Loan of amount $853,283, the current approved amount is $853,283. The loan was approved on 02/04/2021 by The Fairfield County Bank reported 73 jobs and $853,283 was used to fund payroll.

Hersam acorn newspapers is Existing or more than 2 years old

HERSAM ACORN NEWSPAPERS

Date Approved

02/04/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

HERSAM ACORN NEWSPAPERS

Borrower Address

205 Spring Hill Rd

Borrower City

Trumbull

Borrower State

CT

Borrower Zip

06611-1327

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

853282.50

Current Approval Amount

853282.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16447

Servicing Lender Name

Fairfield County Bank

Servicing Lender Address

150 Danbury Rd

Servicing Lender City

RIDGEFIELD

Servicing Lender State

CT

Servicing Lender Zip

06877-3229

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Trumbull

Project County Name

FAIRFIELD

Project State

CT

Project Zip

06611-1327

CD

CT-04

Jobs Reported

73

NAICS Code

323111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

853277.50

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

Limited Liability Company(LLC)

Originating Lender Location Id

16447

Originating Lender

Fairfield County Bank

Originating Lender City

RIDGEFIELD

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

857630.73

Forgiveness Date

08/11/2021

;