PPP Loan information for K j fracasso industries inc

$224,800

K j fracasso industries inc was initially approved for PPP Loan of amount $224,800, the current approved amount is $224,800. The loan was approved on 04/10/2020 by The Northwest Community Bank reported 25 jobs and $224,800 was used to fund payroll.

K j fracasso industries inc is Existing or more than 2 years old

PPP Loan Search / CT / WINSTED / K j fracasso industries inc

K J FRACASSO INDUSTRIES INC

Date Approved

04/10/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

K J FRACASSO INDUSTRIES INC

Borrower Address

140 STANDARD AVE

Borrower City

WINSTED

Borrower State

CT

Borrower Zip

06098-2075

Loan Status Date

01/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

224800.00

Current Approval Amount

224800.00

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

06098-2075

CD

CT-01

Jobs Reported

25

NAICS Code

484220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

224800.00

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

16533

Originating Lender

Northwest Community Bank

Originating Lender City

WINSTED

Originating Lender State

CT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

226296.61

Forgiveness Date

12/17/2020

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