PPP Loan information for The arc of southington inc

$833,350

The arc of southington inc was initially approved for PPP Loan of amount $833,350, the current approved amount is $833,350. The loan was approved on 04/11/2020 by The Webster Bank National Association reported 157 jobs and $833,350 was used to fund payroll.

The arc of southington inc is Existing or more than 2 years old

THE ARC OF SOUTHINGTON INC

Date Approved

04/11/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

THE ARC OF SOUTHINGTON INC

Borrower Address

201 MAIN ST

Borrower City

PLANTSVILLE

Borrower State

CT

Borrower Zip

06479-1131

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

833350.00

Current Approval Amount

833350.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

15940

Servicing Lender Name

Webster Bank National Association

Servicing Lender Address

137 Bank St

Servicing Lender City

WATERBURY

Servicing Lender State

CT

Servicing Lender Zip

06702-2205

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PLANTSVILLE

Project County Name

HARTFORD

Project State

CT

Project Zip

06479-1131

CD

CT-01

Jobs Reported

157

NAICS Code

611710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

833350.00

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

15940

Originating Lender

Webster Bank National Association

Originating Lender City

WATERBURY

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

840998.55

Forgiveness Date

03/25/2021

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