PPP Loan information for Connecticut valley homes of east lyme, inc

$257,922

Connecticut valley homes of east lyme, inc was initially approved for PPP Loan of amount $257,922, the current approved amount is $257,922. The loan was approved on 04/28/2020 by The Chelsea Groton Bank reported 17 jobs and $257,922 was used to fund payroll.

Connecticut valley homes of east lyme, inc is Existing or more than 2 years old

CONNECTICUT VALLEY HOMES OF EAST LYME, INC

Date Approved

04/28/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

CONNECTICUT VALLEY HOMES OF EAST LYME, INC

Borrower Address

128 BOSTON POST RD

Borrower City

EAST LYME

Borrower State

CT

Borrower Zip

06333-1606

Loan Status Date

04/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

257922.00

Current Approval Amount

257922.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16318

Servicing Lender Name

Chelsea Groton Bank

Servicing Lender Address

1 Franklin Sq

Servicing Lender City

NORWICH

Servicing Lender State

CT

Servicing Lender Zip

06360-5825

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EAST LYME

Project County Name

NEW LONDON

Project State

CT

Project Zip

06333-1606

CD

CT-02

Jobs Reported

17

NAICS Code

236115

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

25792.20

Payroll Proceed

206337.60

Mortgage Interest Proceed

25792.20

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

16318

Originating Lender

Chelsea Groton Bank

Originating Lender City

NORWICH

Originating Lender State

CT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

260140.84

Forgiveness Date

03/11/2021

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