PPP Loan information for Vale sports club

$61,800

Vale sports club was initially approved for PPP Loan of amount $61,800, the current approved amount is $61,800. The loan was approved on 04/06/2020 by The Bankwell Bank reported 15 jobs and $61,800 was used to fund payroll.

Vale sports club is New Business or 2 years or less

VALE SPORTS CLUB

Date Approved

04/06/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

VALE SPORTS CLUB

Borrower Address

1280 Newfield Street

Borrower City

Middletown

Borrower State

CT

Borrower Zip

06457-1874

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

61800.00

Current Approval Amount

61800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

262358

Servicing Lender Name

Bankwell Bank

Servicing Lender Address

156 Cherry St

Servicing Lender City

New Canaan

Servicing Lender State

CT

Servicing Lender Zip

06840

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Middletown

Project County Name

MIDDLESEX

Project State

CT

Project Zip

06457-1874

CD

CT-01

Jobs Reported

15

NAICS Code

711211

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

61800.00

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

262358

Originating Lender

Bankwell Bank

Originating Lender City

New Canaan

Originating Lender State

CT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

52100.73

Forgiveness Date

11/12/2020

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