PPP Loan information for Prospect machine products inc

$183,951

Prospect machine products inc was initially approved for PPP Loan of amount $183,950, the current approved amount is $183,951. The loan was approved on 04/28/2020 by The Webster Bank National Association reported 14 jobs and $183,951 was used to fund payroll.

Prospect machine products inc is Existing or more than 2 years old

PPP Loan Search / CT / PROSPECT / Prospect machine products inc

PROSPECT MACHINE PRODUCTS INC

Date Approved

04/28/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

PROSPECT MACHINE PRODUCTS INC

Borrower Address

139 UNION CITY ROAD

Borrower City

PROSPECT

Borrower State

CT

Borrower Zip

06712

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

183950.00

Current Approval Amount

183950.88

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

15940

Servicing Lender Name

Webster Bank National Association

Servicing Lender Address

137 Bank St

Servicing Lender City

WATERBURY

Servicing Lender State

CT

Servicing Lender Zip

06702-2205

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PROSPECT

Project County Name

NEW HAVEN

Project State

CT

Project Zip

06712-0001

CD

CT-03

Jobs Reported

14

NAICS Code

332114

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

183950.88

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

15940

Originating Lender

Webster Bank National Association

Originating Lender City

WATERBURY

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

185603.92

Forgiveness Date

03/25/2021

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