PPP Loan information for Waterbury arc inc

$683,500

Waterbury arc inc was initially approved for PPP Loan of amount $683,500, the current approved amount is $683,500. The loan was approved on 04/13/2020 by The Ion Bank reported 78 jobs and $683,500 was used to fund payroll.

Waterbury arc inc is Existing or more than 2 years old

WATERBURY ARC INC

Date Approved

04/13/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

WATERBURY ARC INC

Borrower Address

1929 EAST MAIN ST

Borrower City

WATERBURY

Borrower State

CT

Borrower Zip

06705-1851

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

683500.00

Current Approval Amount

683500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16333

Servicing Lender Name

Ion Bank

Servicing Lender Address

87 Church St

Servicing Lender City

NAUGATUCK

Servicing Lender State

CT

Servicing Lender Zip

06770-4111

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WATERBURY

Project County Name

NEW HAVEN

Project State

CT

Project Zip

06705-1851

CD

CT-05

Jobs Reported

78

NAICS Code

561990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

683500.00

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

16333

Originating Lender

Ion Bank

Originating Lender City

NAUGATUCK

Originating Lender State

CT

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

689548.51

Forgiveness Date

03/11/2021

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