PPP Loan information for Promotion mechanics inc.

$110,118

Promotion mechanics inc. was initially approved for PPP Loan of amount $110,118, the current approved amount is $110,118. The loan was approved on 01/23/2021 by The Newtown Savings Bank reported 6 jobs and $110,118 was used to fund payroll.

Promotion mechanics inc. is Existing or more than 2 years old

PPP Loan Search / CT / Newtown / Promotion mechanics inc.

PROMOTION MECHANICS INC.

Date Approved

01/23/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

PROMOTION MECHANICS INC.

Borrower Address

87 S Main St

Borrower City

Newtown

Borrower State

CT

Borrower Zip

06470-2315

Loan Status Date

09/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

110117.50

Current Approval Amount

110117.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16403

Servicing Lender Name

Newtown Savings Bank

Servicing Lender Address

39 Main St

Servicing Lender City

NEWTOWN

Servicing Lender State

CT

Servicing Lender Zip

06470-2134

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Newtown

Project County Name

FAIRFIELD

Project State

CT

Project Zip

06470-2315

CD

CT-05

Jobs Reported

6

NAICS Code

541613

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

110117.50

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

Corporation

Originating Lender Location Id

16403

Originating Lender

Newtown Savings Bank

Originating Lender City

NEWTOWN

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

110735.38

Forgiveness Date

08/17/2021

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