PPP Loan information for The arc eastern connecticut

$2,759,700

The arc eastern connecticut was initially approved for PPP Loan of amount $2,759,700, the current approved amount is $2,759,700. The loan was approved on 04/11/2020 by The Berkshire Bank reported 184 jobs and $2,759,700 was used to fund payroll.

The arc eastern connecticut is Existing or more than 2 years old

PPP Loan Search / CT / NORWICH / The arc eastern connecticut

THE ARC EASTERN CONNECTICUT

Date Approved

04/11/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

THE ARC EASTERN CONNECTICUT

Borrower Address

125 Sachem St

Borrower City

NORWICH

Borrower State

CT

Borrower Zip

06360-4128

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2759700.00

Current Approval Amount

2759700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33209

Servicing Lender Name

Berkshire Bank

Servicing Lender Address

99 North St

Servicing Lender City

PITTSFIELD

Servicing Lender State

MA

Servicing Lender Zip

01201-5114

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

06360-4128

CD

CT-02

Jobs Reported

184

NAICS Code

624190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2759700.00

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

Non-Profit Organization

Originating Lender Location Id

33209

Originating Lender

Berkshire Bank

Originating Lender City

PITTSFIELD

Originating Lender State

MA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

2789338.42

Forgiveness Date

06/11/2021

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