PPP Loan information for Presco engineering inc.

$490,000

Presco engineering inc. was initially approved for PPP Loan of amount $490,000, the current approved amount is $490,000. The loan was approved on 02/24/2021 by The Citizens Bank, National Association reported 22 jobs and $490,000 was used to fund payroll.

Presco engineering inc. is Existing or more than 2 years old

PPP Loan Search / CT / Woodbridge / Presco engineering inc.

PRESCO ENGINEERING INC.

Date Approved

02/24/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

PRESCO ENGINEERING INC.

Borrower Address

8 Lunar Dr

Borrower City

Woodbridge

Borrower State

CT

Borrower Zip

06525-2352

Loan Status Date

01/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

490000.00

Current Approval Amount

490000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Woodbridge

Project County Name

NEW HAVEN

Project State

CT

Project Zip

06525-2352

CD

CT-03

Jobs Reported

22

NAICS Code

541330

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

489999.00

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

493758.90

Forgiveness Date

12/07/2021

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