PPP Loan information for Frank capasso and sons inc.

$1,335,150

Frank capasso and sons inc. was initially approved for PPP Loan of amount $1,335,150, the current approved amount is $1,335,150. The loan was approved on 01/20/2021 by The Ion Bank reported 80 jobs and $1,335,150 was used to fund payroll.

Frank capasso and sons inc. is Existing or more than 2 years old

PPP Loan Search / CT / Northford / Frank capasso and sons inc.

FRANK CAPASSO AND SONS INC.

Date Approved

01/20/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

FRANK CAPASSO AND SONS INC.

Borrower Address

1003 Middletown Ave

Borrower City

Northford

Borrower State

CT

Borrower Zip

06472-1338

Loan Status Date

01/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1335150.00

Current Approval Amount

1335150.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

Northford

Project County Name

NEW HAVEN

Project State

CT

Project Zip

06472-1338

CD

CT-03

Jobs Reported

80

NAICS Code

238140

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1335147.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1347111.48

Forgiveness Date

12/23/2021

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