Date Approved
01/23/2021
SBA Office Code
0156
Processing Method
PPS
Borrower Name
R & L ACOUSTICS INC.
Borrower Address
204 N Main St
Borrower City
Naugatuck
Borrower State
CT
Borrower Zip
06770-3229
Loan Status Date
12/11/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
299715.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
16333
Servicing Lender Name
Ion Bank
Servicing Lender Address
87 Church St
Servicing Lender City
NAUGATUCK
Servicing Lender State
Servicing Lender Zip
06770-4111
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
NEW HAVEN
Project State
Project Zip
CD
CT-03
Jobs Reported
22
NAICS Code
238310
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
299712.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
302129.14
Forgiveness Date
11/26/2021