PPP Loan information for Newtown power equipment, inc.

$116,700

Newtown power equipment, inc. was initially approved for PPP Loan of amount $116,700, the current approved amount is $116,700. The loan was approved on 04/09/2020 by The Union Savings Bank reported 14 jobs and $116,700 was used to fund payroll.

Newtown power equipment, inc. is Existing or more than 2 years old

PPP Loan Search / CT / NEWTOWN / Newtown power equipment, inc.

NEWTOWN POWER EQUIPMENT, INC.

Date Approved

04/09/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

NEWTOWN POWER EQUIPMENT, INC.

Borrower Address

151 MOUNT PLEASANT RD

Borrower City

NEWTOWN

Borrower State

CT

Borrower Zip

06470-1438

Loan Status Date

12/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

116700.00

Current Approval Amount

116700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16112

Servicing Lender Name

Union Savings Bank

Servicing Lender Address

226 Main St

Servicing Lender City

DANBURY

Servicing Lender State

CT

Servicing Lender Zip

06810-6635

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEWTOWN

Project County Name

FAIRFIELD

Project State

CT

Project Zip

06470-1438

CD

CT-05

Jobs Reported

14

NAICS Code

444210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

116700.00

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

16112

Originating Lender

Union Savings Bank

Originating Lender City

DANBURY

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

117335.37

Forgiveness Date

11/03/2020

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