PPP Loan information for Porter and chester institute, inc

$5,537,500

Porter and chester institute, inc was initially approved for PPP Loan of amount $5,537,500, the current approved amount is $5,537,500. The loan was approved on 04/13/2020 by The Nutmeg State Financial Credit Union reported 500 jobs and $5,537,500 was used to fund payroll.

Porter and chester institute, inc is Existing or more than 2 years old

PORTER AND CHESTER INSTITUTE, INC

Date Approved

04/13/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

PORTER AND CHESTER INSTITUTE, INC

Borrower Address

30 Waterchase Drive

Borrower City

Rocky Hill

Borrower State

CT

Borrower Zip

06067

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5537500.00

Current Approval Amount

5537500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

93608

Servicing Lender Name

Nutmeg State Financial Credit Union

Servicing Lender Address

521 Cromwell Ave

Servicing Lender City

ROCKY HILL

Servicing Lender State

CT

Servicing Lender Zip

06067-1805

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rocky Hill

Project County Name

HARTFORD

Project State

CT

Project Zip

06067-0001

CD

CT-01

Jobs Reported

500

NAICS Code

611519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

5537500.00

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

93608

Originating Lender

Nutmeg State Financial Credit Union

Originating Lender City

ROCKY HILL

Originating Lender State

CT

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

5603796.18

Forgiveness Date

06/28/2021

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