PPP Loan information for New precision technology, lll

$332,800

New precision technology, lll was initially approved for PPP Loan of amount $332,800, the current approved amount is $332,800. The loan was approved on 04/10/2020 by The Chelsea Groton Bank reported 28 jobs and $332,800 was used to fund payroll.

New precision technology, lll is Existing or more than 2 years old

PPP Loan Search / CT / MADISON / New precision technology, lll

NEW PRECISION TECHNOLOGY, LLL

Date Approved

04/10/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

NEW PRECISION TECHNOLOGY, LLL

Borrower Address

98 FORT PATH RD

Borrower City

MADISON

Borrower State

CT

Borrower Zip

06443-2264

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

332800.00

Current Approval Amount

332800.00

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

MADISON

Project County Name

NEW HAVEN

Project State

CT

Project Zip

06443-2264

CD

CT-02

Jobs Reported

28

NAICS Code

423420

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

22186.66

Payroll Proceed

266240.00

Mortgage Interest Proceed

0.00

Rent Proceed

22186.67

Refinance EIDL Proceed

0.00

Health Care Proceed

22186.67

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

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

334842.39

Forgiveness Date

11/30/2020

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