PPP Loan information for Explorations inc

$225,000

Explorations inc was initially approved for PPP Loan of amount $225,000, the current approved amount is $225,000. The loan was approved on 07/10/2020 by The Northwest Community Bank reported 18 jobs and $225,000 was used to fund payroll.

Explorations inc is Existing or more than 2 years old

EXPLORATIONS INC

Date Approved

07/10/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

EXPLORATIONS INC

Borrower Address

71 SPENCER ST

Borrower City

WINSTED

Borrower State

CT

Borrower Zip

06098-1128

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

225000.00

Current Approval Amount

225000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16533

Servicing Lender Name

Northwest Community Bank

Servicing Lender Address

86 Main St

Servicing Lender City

WINSTED

Servicing Lender State

CT

Servicing Lender Zip

06098-1711

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WINSTED

Project County Name

LITCHFIELD

Project State

CT

Project Zip

06098-1128

CD

CT-01

Jobs Reported

18

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

225000.00

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

Non-Profit Organization

Originating Lender Location Id

16533

Originating Lender

Northwest Community Bank

Originating Lender City

WINSTED

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

226467.12

Forgiveness Date

03/11/2021

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