PPP Loan information for Powertech associates inc

$146,000

Powertech associates inc was initially approved for PPP Loan of amount $146,000, the current approved amount is $146,000. The loan was approved on 04/07/2020 by The Thomaston Savings Bank reported 9 jobs and $146,000 was used to fund payroll.

Powertech associates inc is Existing or more than 2 years old

POWERTECH ASSOCIATES INC

Date Approved

04/07/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

POWERTECH ASSOCIATES INC

Borrower Address

5 EASTVIEW DR

Borrower City

FARMINGTON

Borrower State

CT

Borrower Zip

06032-1231

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

146000.00

Current Approval Amount

146000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16495

Servicing Lender Name

Thomaston Savings Bank

Servicing Lender Address

203 Main St

Servicing Lender City

THOMASTON

Servicing Lender State

CT

Servicing Lender Zip

06787-1721

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FARMINGTON

Project County Name

HARTFORD

Project State

CT

Project Zip

06032-1231

CD

CT-05

Jobs Reported

9

NAICS Code

423510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

146000.00

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

16495

Originating Lender

Thomaston Savings Bank

Originating Lender City

THOMASTON

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

147044.00

Forgiveness Date

01/07/2021

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