PPP Loan information for Promoco mfg co

$215,073

Promoco mfg co was initially approved for PPP Loan of amount $215,073, the current approved amount is $215,073. The loan was approved on 01/26/2021 by The BankNewport reported 15 jobs and $215,073 was used to fund payroll.

Promoco mfg co is Existing or more than 2 years old

PPP Loan Search / CT / West Haven / Promoco mfg co

PROMOCO MFG CO

Date Approved

01/26/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

PROMOCO MFG CO

Borrower Address

300 Morgan Ln

Borrower City

West Haven

Borrower State

CT

Borrower Zip

06516-4134

Loan Status Date

12/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

215072.50

Current Approval Amount

215072.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

65657

Servicing Lender Name

BankNewport

Servicing Lender Address

10 Washington Sq

Servicing Lender City

NEWPORT

Servicing Lender State

RI

Servicing Lender Zip

02840-2948

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

West Haven

Project County Name

NEW HAVEN

Project State

CT

Project Zip

06516-4134

CD

CT-03

Jobs Reported

15

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

215070.50

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

Subchapter S Corporation

Originating Lender Location Id

65657

Originating Lender

BankNewport

Originating Lender City

NEWPORT

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

216769.51

Forgiveness Date

11/15/2021

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