PPP Loan information for Promotion mechanics inc

$95,600

Promotion mechanics inc was initially approved for PPP Loan of amount $95,600, the current approved amount is $95,600. The loan was approved on 04/27/2020 by The Newtown Savings Bank reported 6 jobs and $95,600 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

04/27/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

PROMOTION MECHANICS INC

Borrower Address

87 South Main Street

Borrower City

NEWTOWN

Borrower State

CT

Borrower Zip

06470

Loan Status Date

12/15/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

95600.00

Current Approval Amount

95600.00

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

06470-0001

CD

CT-05

Jobs Reported

6

NAICS Code

541613

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

95600.00

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

16403

Originating Lender

Newtown Savings Bank

Originating Lender City

NEWTOWN

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

96088.62

Forgiveness Date

11/12/2020

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