PPP Loan information for Hobbs incorporated

$1,750,000

Hobbs incorporated was initially approved for PPP Loan of amount $1,750,000, the current approved amount is $1,750,000. The loan was approved on 03/20/2021 by The Fairfield County Bank reported 96 jobs and $1,750,000 was used to fund payroll.

Hobbs incorporated is Existing or more than 2 years old

HOBBS INCORPORATED

Date Approved

03/20/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

HOBBS INCORPORATED

Borrower Address

27 Grove St

Borrower City

New Canaan

Borrower State

CT

Borrower Zip

06840-5324

Loan Status Date

02/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1750000.00

Current Approval Amount

1750000.00

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

96

NAICS Code

236115

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1749997.00

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

16447

Originating Lender

Fairfield County Bank

Originating Lender City

RIDGEFIELD

Originating Lender State

CT

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

1764191.78

Forgiveness Date

01/13/2022

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