PPP Loan information for The arc of the farmington valley, inc

$1,686,900

The arc of the farmington valley, inc was initially approved for PPP Loan of amount $1,600,000, the current approved amount is $1,686,900. The loan was approved on 04/06/2020 by The Northwest Community Bank reported 294 jobs and $1,686,900 was used to fund payroll.

The arc of the farmington valley, inc is Existing or more than 2 years old

PPP Loan Search / CT / CANTON / The arc of the farmington valley, inc

THE ARC OF THE FARMINGTON VALLEY, INC

Date Approved

04/06/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

THE ARC OF THE FARMINGTON VALLEY, INC

Borrower Address

225 COMMERCE DR

Borrower City

CANTON

Borrower State

CT

Borrower Zip

06019-2478

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1600000.00

Current Approval Amount

1686900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16533

Servicing Lender Name

Northwest Community Bank

Servicing Lender Address

86 Main St

Servicing Lender City

WINSTED

Servicing Lender State

CT

Servicing Lender Zip

06098-1711

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CANTON

Project County Name

HARTFORD

Project State

CT

Project Zip

06019-2478

CD

CT-05

Jobs Reported

294

NAICS Code

623210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1686900.00

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

16533

Originating Lender

Northwest Community Bank

Originating Lender City

WINSTED

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1702937.10

Forgiveness Date

03/30/2021

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