PPP Loan information for Watertown plastics inc

$196,000

Watertown plastics inc was initially approved for PPP Loan of amount $181,600, the current approved amount is $196,000. The loan was approved on 04/08/2020 by The Newtown Savings Bank reported 28 jobs and $196,000 was used to fund payroll.

Watertown plastics inc is Existing or more than 2 years old

PPP Loan Search / CT / WATERTOWN / Watertown plastics inc

WATERTOWN PLASTICS INC

Date Approved

04/08/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

WATERTOWN PLASTICS INC

Borrower Address

830 Echo Lake Rd

Borrower City

WATERTOWN

Borrower State

CT

Borrower Zip

06795-1636

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

181600.00

Current Approval Amount

196000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16403

Servicing Lender Name

Newtown Savings Bank

Servicing Lender Address

39 Main St

Servicing Lender City

NEWTOWN

Servicing Lender State

CT

Servicing Lender Zip

06470-2134

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WATERTOWN

Project County Name

LITCHFIELD

Project State

CT

Project Zip

06795-1636

CD

CT-05

Jobs Reported

28

NAICS Code

326199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

196000.00

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

16403

Originating Lender

Newtown Savings Bank

Originating Lender City

NEWTOWN

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

197393.78

Forgiveness Date

01/14/2021

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