PPP Loan information for Richards machine tool co. inc.

$213,620

Richards machine tool co. inc. was initially approved for PPP Loan of amount $213,620, the current approved amount is $213,620. The loan was approved on 03/03/2021 by The Liberty Bank reported 16 jobs and $213,620 was used to fund payroll.

Richards machine tool co. inc. is Existing or more than 2 years old

PPP Loan Search / CT / Newington / Richards machine tool co. inc.

RICHARDS MACHINE TOOL CO. INC.

Date Approved

03/03/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

RICHARDS MACHINE TOOL CO. INC.

Borrower Address

187 Stamm Rd

Borrower City

Newington

Borrower State

CT

Borrower Zip

06111-3619

Loan Status Date

04/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

213620.00

Current Approval Amount

213620.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16282

Servicing Lender Name

Liberty Bank

Servicing Lender Address

315 Main St

Servicing Lender City

MIDDLETOWN

Servicing Lender State

CT

Servicing Lender Zip

06457-3345

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Newington

Project County Name

HARTFORD

Project State

CT

Project Zip

06111-3619

CD

CT-01

Jobs Reported

16

NAICS Code

332710

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

213614.00

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

16282

Originating Lender

Liberty Bank

Originating Lender City

MIDDLETOWN

Originating Lender State

CT

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

215880.81

Forgiveness Date

03/22/2022

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