PPP Loan information for Masotti electric, llc

$258,000

Masotti electric, llc was initially approved for PPP Loan of amount $258,000, the current approved amount is $258,000. The loan was approved on 04/07/2020 by The Thomaston Savings Bank reported 15 jobs and $258,000 was used to fund payroll.

Masotti electric, llc is Existing or more than 2 years old

PPP Loan Search / CT / SOUTHINGTON / Masotti electric, llc

MASOTTI ELECTRIC, LLC

Date Approved

04/07/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

MASOTTI ELECTRIC, LLC

Borrower Address

120 INDUSTRIAL DR

Borrower City

SOUTHINGTON

Borrower State

CT

Borrower Zip

06489-1182

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

258000.00

Current Approval Amount

258000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16495

Servicing Lender Name

Thomaston Savings Bank

Servicing Lender Address

203 Main St

Servicing Lender City

THOMASTON

Servicing Lender State

CT

Servicing Lender Zip

06787-1721

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOUTHINGTON

Project County Name

HARTFORD

Project State

CT

Project Zip

06489-1182

CD

CT-01

Jobs Reported

15

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

258000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

16495

Originating Lender

Thomaston Savings Bank

Originating Lender City

THOMASTON

Originating Lender State

CT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

259957.97

Forgiveness Date

01/20/2021

;