PPP Loan information for Prospect machine products inc.

$207,218

Prospect machine products inc. was initially approved for PPP Loan of amount $207,218, the current approved amount is $207,218. The loan was approved on 03/10/2021 by The Webster Bank National Association reported 11 jobs and $207,218 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

03/10/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

PROSPECT MACHINE PRODUCTS INC.

Borrower Address

139 Union City Rd

Borrower City

Prospect

Borrower State

CT

Borrower Zip

06712-1031

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

207218.00

Current Approval Amount

207218.00

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

06712-1031

CD

CT-03

Jobs Reported

11

NAICS Code

332312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

207216.00

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

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

208915.48

Forgiveness Date

01/06/2022

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