PPP Loan information for Independence physical therapy

$418,087

Independence physical therapy was initially approved for PPP Loan of amount $418,087, the current approved amount is $418,087. The loan was approved on 04/09/2020 by The Chelsea Groton Bank reported 30 jobs and $418,087 was used to fund payroll.

Independence physical therapy is Existing or more than 2 years old

PPP Loan Search / CT / MYSTIC / Independence physical therapy

INDEPENDENCE PHYSICAL THERAPY

Date Approved

04/09/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

INDEPENDENCE PHYSICAL THERAPY

Borrower Address

2440 GOLD STAR HWY SUITE 201

Borrower City

MYSTIC

Borrower State

CT

Borrower Zip

06355-1132

Loan Status Date

03/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

418087.00

Current Approval Amount

418087.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16318

Servicing Lender Name

Chelsea Groton Bank

Servicing Lender Address

1 Franklin Sq

Servicing Lender City

NORWICH

Servicing Lender State

CT

Servicing Lender Zip

06360-5825

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MYSTIC

Project County Name

NEW LONDON

Project State

CT

Project Zip

06355-1132

CD

CT-02

Jobs Reported

30

NAICS Code

621340

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

41808.50

Payroll Proceed

334470.00

Mortgage Interest Proceed

0.00

Rent Proceed

41808.50

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

16318

Originating Lender

Chelsea Groton Bank

Originating Lender City

NORWICH

Originating Lender State

CT

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

421351.51

Forgiveness Date

01/28/2021

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