PPP Loan information for Hobbs, incorporated

$2,312,200

Hobbs, incorporated was initially approved for PPP Loan of amount $2,312,200, the current approved amount is $2,312,200. The loan was approved on 04/05/2020 by The Fairfield County Bank reported 99 jobs and $2,312,200 was used to fund payroll.

Hobbs, incorporated is Existing or more than 2 years old

HOBBS, INCORPORATED

Date Approved

04/05/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

HOBBS, INCORPORATED

Borrower Address

27 GROVE ST

Borrower City

NEW CANAAN

Borrower State

CT

Borrower Zip

06840-5324

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2312200.00

Current Approval Amount

2312200.00

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

NEW CANAAN

Project County Name

FAIRFIELD

Project State

CT

Project Zip

06840-5324

CD

CT-04

Jobs Reported

99

NAICS Code

236115

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

115610.00

Payroll Proceed

1849760.00

Mortgage Interest Proceed

0.00

Rent Proceed

346830.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

16447

Originating Lender

Fairfield County Bank

Originating Lender City

RIDGEFIELD

Originating Lender State

CT

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

2338869.48

Forgiveness Date

06/14/2021

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