PPP Loan information for Spencer turbine company

$1,760,400

Spencer turbine company was initially approved for PPP Loan of amount $1,760,400, the current approved amount is $1,760,400. The loan was approved on 04/15/2020 by The Univest Bank and Trust Co. reported 111 jobs and $1,760,400 was used to fund payroll.

Spencer turbine company is Existing or more than 2 years old

SPENCER TURBINE COMPANY

Date Approved

04/15/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

SPENCER TURBINE COMPANY

Borrower Address

600 Day Hill Rd

Borrower City

Windsor

Borrower State

CT

Borrower Zip

06095

Loan Status Date

01/22/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1760400.00

Current Approval Amount

1760400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

65350

Servicing Lender Name

Univest Bank and Trust Co.

Servicing Lender Address

14 N Main St

Servicing Lender City

SOUDERTON

Servicing Lender State

PA

Servicing Lender Zip

18964-1713

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

06095-0001

CD

CT-01

Jobs Reported

111

NAICS Code

333611

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1760400.00

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

65350

Originating Lender

Univest Bank and Trust Co.

Originating Lender City

SOUDERTON

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1776798.25

Forgiveness Date

03/31/2021

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