PPP Loan information for Southeastern regional action council on substance abuse inc.

$73,390

Southeastern regional action council on substance abuse inc. was initially approved for PPP Loan of amount $73,390, the current approved amount is $73,390. The loan was approved on 04/10/2020 by The Chelsea Groton Bank reported 8 jobs and $73,390 was used to fund payroll.

Southeastern regional action council on substance abuse inc. is Existing or more than 2 years old

PPP Loan Search / CT / NORWICH / Southeastern regional action council on substance abuse inc.

SOUTHEASTERN REGIONAL ACTION COUNCIL ON SUBSTANCE ABUSE INC.

Date Approved

04/10/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

SOUTHEASTERN REGIONAL ACTION COUNCIL ON SUBSTANCE ABUSE INC.

Borrower Address

228 west town street

Borrower City

NORWICH

Borrower State

CT

Borrower Zip

06360-2148

Loan Status Date

02/10/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

73390.00

Current Approval Amount

73390.00

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

NORWICH

Project County Name

NEW LONDON

Project State

CT

Project Zip

06360-2148

CD

CT-02

Jobs Reported

8

NAICS Code

611710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

9172.88

Payroll Proceed

55043.25

Mortgage Interest Proceed

0.00

Rent Proceed

9173.87

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

16318

Originating Lender

Chelsea Groton Bank

Originating Lender City

NORWICH

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

53107.11

Forgiveness Date

02/10/2021

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