PPP Loan information for Wire and plastic machinery

$422,018

Wire and plastic machinery was initially approved for PPP Loan of amount $422,018, the current approved amount is $422,018. The loan was approved on 04/16/2020 by The Webster Bank National Association reported 35 jobs and $422,018 was used to fund payroll.

Wire and plastic machinery is Existing or more than 2 years old

WIRE AND PLASTIC MACHINERY

Date Approved

04/16/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

WIRE AND PLASTIC MACHINERY

Borrower Address

100 FRANKLIN ST

Borrower City

BRISTOL

Borrower State

CT

Borrower Zip

06010-1403

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

422018.00

Current Approval Amount

422018.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

15940

Servicing Lender Name

Webster Bank National Association

Servicing Lender Address

137 Bank St

Servicing Lender City

WATERBURY

Servicing Lender State

CT

Servicing Lender Zip

06702-2205

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BRISTOL

Project County Name

HARTFORD

Project State

CT

Project Zip

06010-1403

CD

CT-01

Jobs Reported

35

NAICS Code

332618

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

422018.00

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

Subchapter S Corporation

Originating Lender Location Id

15940

Originating Lender

Webster Bank National Association

Originating Lender City

WATERBURY

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

425405.20

Forgiveness Date

02/11/2021

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