PPP Loan information for Shore power inc

$319,500

Shore power inc was initially approved for PPP Loan of amount $319,500, the current approved amount is $319,500. The loan was approved on 04/15/2020 by The Citizens Bank, National Association reported 44 jobs and $319,500 was used to fund payroll.

Shore power inc is Existing or more than 2 years old

PPP Loan Search / CT / Old Saybrook / Shore power inc

SHORE POWER INC

Date Approved

04/15/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

SHORE POWER INC

Borrower Address

50 School House Rd Unit 2

Borrower City

Old Saybrook

Borrower State

CT

Borrower Zip

06475

Loan Status Date

12/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

319500.00

Current Approval Amount

319500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Old Saybrook

Project County Name

MIDDLESEX

Project State

CT

Project Zip

06475-0001

CD

CT-02

Jobs Reported

44

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

319500.00

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

Subchapter S Corporation

Originating Lender Location Id

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

321154.40

Forgiveness Date

11/03/2020

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