PPP Loan information for Servotech, inc.

$190,371

Servotech, inc. was initially approved for PPP Loan of amount $190,371, the current approved amount is $190,371. The loan was approved on 04/14/2020 by The Webster Bank National Association reported 15 jobs and $190,371 was used to fund payroll.

Servotech, inc. is Existing or more than 2 years old

SERVOTECH, INC.

Date Approved

04/14/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

SERVOTECH, INC.

Borrower Address

478 Timber Ridge Road

Borrower City

MIDDLETOWN

Borrower State

CT

Borrower Zip

06457

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

190371.00

Current Approval Amount

190371.00

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

MIDDLETOWN

Project County Name

MIDDLESEX

Project State

CT

Project Zip

06457-0001

CD

CT-01

Jobs Reported

15

NAICS Code

811310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

190371.00

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

15940

Originating Lender

Webster Bank National Association

Originating Lender City

WATERBURY

Originating Lender State

CT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

192566.79

Forgiveness Date

06/17/2021

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