PPP Loan information for Walter electric llc

$106,698

Walter electric llc was initially approved for PPP Loan of amount $106,698, the current approved amount is $106,698. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 16 jobs and $106,698 was used to fund payroll.

Walter electric llc is New Business or 2 years or less

PPP Loan Search / CT / NEW LONDON / Walter electric llc

WALTER ELECTRIC LLC

Date Approved

05/01/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

WALTER ELECTRIC LLC

Borrower Address

41 4TH ST

Borrower City

NEW LONDON

Borrower State

CT

Borrower Zip

06320-6419

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

106698.00

Current Approval Amount

106698.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

NEW LONDON

Project County Name

NEW LONDON

Project State

CT

Project Zip

06320-6419

CD

CT-02

Jobs Reported

16

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

106698.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

107373.27

Forgiveness Date

12/22/2020

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