PPP Loan information for Spencer turbine company

$1,760,485

Spencer turbine company was initially approved for PPP Loan of amount $1,760,485, the current approved amount is $1,760,485. The loan was approved on 03/31/2021 by The Loan Source Incorporated reported 84 jobs and $1,760,485 was used to fund payroll.

Spencer turbine company is Existing or more than 2 years old

SPENCER TURBINE COMPANY

Date Approved

03/31/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

SPENCER TURBINE COMPANY

Borrower Address

600 Day Hill Rd

Borrower City

Windsor

Borrower State

CT

Borrower Zip

06095-1703

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1760485.00

Current Approval Amount

1760485.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Windsor

Project County Name

HARTFORD

Project State

CT

Project Zip

06095-1703

CD

CT-01

Jobs Reported

84

NAICS Code

333413

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1760479.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1767526.94

Forgiveness Date

09/01/2021

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