PPP Loan information for Power phone inc

$520,000

Power phone inc was initially approved for PPP Loan of amount $520,000, the current approved amount is $520,000. The loan was approved on 04/13/2020 by The Webster Bank National Association reported 31 jobs and $520,000 was used to fund payroll.

Power phone inc is Existing or more than 2 years old

PPP Loan Search / CT / MADISON / Power phone inc

POWER PHONE INC

Date Approved

04/13/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

POWER PHONE INC

Borrower Address

1321 BOSTON POST RD

Borrower City

MADISON

Borrower State

CT

Borrower Zip

06443-3431

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

520000.00

Current Approval Amount

520000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

15940

Servicing Lender Name

Webster Bank National Association

Servicing Lender Address

137 Bank St

Servicing Lender City

WATERBURY

Servicing Lender State

CT

Servicing Lender Zip

06702-2205

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

06443-3431

CD

CT-02

Jobs Reported

31

NAICS Code

561421

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

520000.00

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

15940

Originating Lender

Webster Bank National Association

Originating Lender City

WATERBURY

Originating Lender State

CT

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

526197.26

Forgiveness Date

07/02/2021

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