PPP Loan information for Shipman's fire equipment company, inc

$559,302

Shipman's fire equipment company, inc was initially approved for PPP Loan of amount $559,302, the current approved amount is $559,302. The loan was approved on 04/14/2020 by The Chelsea Groton Bank reported 40 jobs and $559,302 was used to fund payroll.

Shipman's fire equipment company, inc is Existing or more than 2 years old

PPP Loan Search / CT / WATERFORD / Shipman's fire equipment company, inc

SHIPMAN'S FIRE EQUIPMENT COMPANY, INC

Date Approved

04/14/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

SHIPMAN'S FIRE EQUIPMENT COMPANY, INC

Borrower Address

172 CROSS RD

Borrower City

WATERFORD

Borrower State

CT

Borrower Zip

06385-1215

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

559302.00

Current Approval Amount

559302.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16318

Servicing Lender Name

Chelsea Groton Bank

Servicing Lender Address

1 Franklin Sq

Servicing Lender City

NORWICH

Servicing Lender State

CT

Servicing Lender Zip

06360-5825

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WATERFORD

Project County Name

NEW LONDON

Project State

CT

Project Zip

06385-1215

CD

CT-02

Jobs Reported

40

NAICS Code

423850

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

55930.00

Payroll Proceed

447442.00

Mortgage Interest Proceed

0.00

Rent Proceed

55930.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

16318

Originating Lender

Chelsea Groton Bank

Originating Lender City

NORWICH

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

562642.49

Forgiveness Date

11/27/2020

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