PPP Loan information for Lavatec laundry technology inc

$426,400

Lavatec laundry technology inc was initially approved for PPP Loan of amount $426,400, the current approved amount is $426,400. The loan was approved on 04/08/2020 by The Ion Bank reported 21 jobs and $426,400 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

04/08/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

LAVATEC LAUNDRY TECHNOLOGY INC

Borrower Address

PO BOX

Borrower City

BEACON FALLS

Borrower State

CT

Borrower Zip

06403-0215

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

426400.00

Current Approval Amount

426400.00

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

06403-0215

CD

CT-03

Jobs Reported

21

NAICS Code

333318

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

426400.00

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

429717.74

Forgiveness Date

01/27/2021

;