PPP Loan information for Satellite tool & machine co., inc.

$1,380,100

Satellite tool & machine co., inc. was initially approved for PPP Loan of amount $1,380,100, the current approved amount is $1,380,100. The loan was approved on 04/08/2020 by The Manufacturers and Traders Trust Company reported 78 jobs and $1,380,100 was used to fund payroll.

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

SATELLITE TOOL & MACHINE CO., INC.

Date Approved

04/08/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

SATELLITE TOOL & MACHINE CO., INC.

Borrower Address

185 COMMERCE WAY

Borrower City

SOUTH WINDSOR

Borrower State

CT

Borrower Zip

06074-1152

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1380100.00

Current Approval Amount

1380100.00

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

06074-1152

CD

CT-01

Jobs Reported

78

NAICS Code

336412

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1380100.00

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

1396396.52

Forgiveness Date

07/06/2021

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