PPP Loan information for Satellite tool & machine co inc

$1,289,005

Satellite tool & machine co inc was initially approved for PPP Loan of amount $1,289,005, the current approved amount is $1,289,005. The loan was approved on 01/26/2021 by The Manufacturers and Traders Trust Company reported 77 jobs and $1,289,005 was used to fund payroll.

Satellite tool & machine co inc is Existing or more than 2 years old

PPP Loan Search / CT / South Windsor / Satellite tool & machine co inc

SATELLITE TOOL & MACHINE CO INC

Date Approved

01/26/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

SATELLITE TOOL & MACHINE CO INC

Borrower Address

571 Nutmeg Rd N

Borrower City

South Windsor

Borrower State

CT

Borrower Zip

06074-2461

Loan Status Date

11/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1289005.00

Current Approval Amount

1289005.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

South Windsor

Project County Name

HARTFORD

Project State

CT

Project Zip

06074-2461

CD

CT-01

Jobs Reported

77

NAICS Code

336412

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1289003.00

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

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1297657.23

Forgiveness Date

10/06/2021

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