PPP Loan information for Power & process, inc.

$359,400

Power & process, inc. was initially approved for PPP Loan of amount $359,400, the current approved amount is $359,400. The loan was approved on 04/15/2020 by The Webster Bank National Association reported 20 jobs and $359,400 was used to fund payroll.

Power & process, inc. is Existing or more than 2 years old

PPP Loan Search / CT / SOUTHINGTON / Power & process, inc.

POWER & PROCESS, INC.

Date Approved

04/15/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

POWER & PROCESS, INC.

Borrower Address

127 INDUSTRIAL DRIVE

Borrower City

SOUTHINGTON

Borrower State

CT

Borrower Zip

06489-1182

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

359400.00

Current Approval Amount

359400.00

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

SOUTHINGTON

Project County Name

HARTFORD

Project State

CT

Project Zip

06489-1182

CD

CT-01

Jobs Reported

20

NAICS Code

327110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

359400.00

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

Unanswered

Non Profit

Forgiveness Amount

362097.96

Forgiveness Date

01/25/2021

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