PPP Loan information for Newington electric co. inc.

$275,000

Newington electric co. inc. was initially approved for PPP Loan of amount $275,000, the current approved amount is $275,000. The loan was approved on 04/08/2020 by The Manufacturers and Traders Trust Company reported 20 jobs and $275,000 was used to fund payroll.

Newington electric co. inc. is Existing or more than 2 years old

PPP Loan Search / CT / NEWINGTON / Newington electric co. inc.

NEWINGTON ELECTRIC CO. INC.

Date Approved

04/08/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

NEWINGTON ELECTRIC CO. INC.

Borrower Address

72 PANE RD

Borrower City

NEWINGTON

Borrower State

CT

Borrower Zip

06111-5521

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

275000.00

Current Approval Amount

275000.00

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

NEWINGTON

Project County Name

HARTFORD

Project State

CT

Project Zip

06111-5521

CD

CT-01

Jobs Reported

20

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

275000.00

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

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

277222.60

Forgiveness Date

02/17/2021

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