PPP Loan information for New london county mutual insurance company

$1,474,217

New london county mutual insurance company was initially approved for PPP Loan of amount $1,474,217, the current approved amount is $1,474,217. The loan was approved on 04/11/2020 by The Chelsea Groton Bank reported 99 jobs and $1,474,217 was used to fund payroll.

New london county mutual insurance company is Existing or more than 2 years old

PPP Loan Search / CT / NORWICH / New london county mutual insurance company

NEW LONDON COUNTY MUTUAL INSURANCE COMPANY

Date Approved

04/11/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

NEW LONDON COUNTY MUTUAL INSURANCE COMPANY

Borrower Address

101 HIGH ST

Borrower City

NORWICH

Borrower State

CT

Borrower Zip

06360-5605

Loan Status Date

06/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1474217.00

Current Approval Amount

1474217.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NORWICH

Project County Name

NEW LONDON

Project State

CT

Project Zip

06360-5605

CD

CT-02

Jobs Reported

99

NAICS Code

524126

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1474217.00

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

16318

Originating Lender

Chelsea Groton Bank

Originating Lender City

NORWICH

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1324820.47

Forgiveness Date

04/20/2021

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