PPP Loan information for Lavatec laundry technology inc.

$426,467

Lavatec laundry technology inc. was initially approved for PPP Loan of amount $426,467, the current approved amount is $426,467. The loan was approved on 01/29/2021 by The Ion Bank reported 21 jobs and $426,467 was used to fund payroll.

Lavatec laundry technology inc. is Existing or more than 2 years old

PPP Loan Search / CT / Beacon Falls / Lavatec laundry technology inc.

LAVATEC LAUNDRY TECHNOLOGY INC.

Date Approved

01/29/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

LAVATEC LAUNDRY TECHNOLOGY INC.

Borrower Address

49 Lancaster Dr

Borrower City

Beacon Falls

Borrower State

CT

Borrower Zip

06403-1049

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

426467.00

Current Approval Amount

426467.00

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

Beacon Falls

Project County Name

NEW HAVEN

Project State

CT

Project Zip

06403-1049

CD

CT-03

Jobs Reported

21

NAICS Code

454390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

426465.00

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

Unanswered

Non Profit

Forgiveness Amount

428570.12

Forgiveness Date

08/04/2021

;