PPP Loan information for Industrial heater corp

$339,777

Industrial heater corp was initially approved for PPP Loan of amount $339,777, the current approved amount is $339,777. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 47 jobs and $339,777 was used to fund payroll.

Industrial heater corp is Existing or more than 2 years old

PPP Loan Search / CT / Cheshire / Industrial heater corp

INDUSTRIAL HEATER CORP

Date Approved

04/15/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

INDUSTRIAL HEATER CORP

Borrower Address

30 Knotter Drive

Borrower City

Cheshire

Borrower State

CT

Borrower Zip

06410

Loan Status Date

03/02/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

339777.00

Current Approval Amount

339777.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cheshire

Project County Name

NEW HAVEN

Project State

CT

Project Zip

06410-0001

CD

CT-05

Jobs Reported

47

NAICS Code

333414

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

15000.00

Payroll Proceed

284777.00

Mortgage Interest Proceed

0.00

Rent Proceed

20000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

20000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

341797.04

Forgiveness Date

11/25/2020

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