PPP Loan information for Norwich community development corporation

$55,500

Norwich community development corporation was initially approved for PPP Loan of amount $55,500, the current approved amount is $55,500. The loan was approved on 07/29/2020 by The Dime Bank reported 3 jobs and $55,500 was used to fund payroll.

Norwich community development corporation is Existing or more than 2 years old

NORWICH COMMUNITY DEVELOPMENT CORPORATION

Date Approved

07/29/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

NORWICH COMMUNITY DEVELOPMENT CORPORATION

Borrower Address

66 FRANKLIN ST

Borrower City

NORWICH

Borrower State

CT

Borrower Zip

06360-5806

Loan Status Date

05/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

55500.00

Current Approval Amount

55500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16432

Servicing Lender Name

Dime Bank

Servicing Lender Address

290 Salem Tpke

Servicing Lender City

NORWICH

Servicing Lender State

CT

Servicing Lender Zip

06360-6494

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NORWICH

Project County Name

NEW LONDON

Project State

CT

Project Zip

06360-5806

CD

CT-02

Jobs Reported

3

NAICS Code

925120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

55500.00

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

16432

Originating Lender

Dime Bank

Originating Lender City

NORWICH

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

55897.75

Forgiveness Date

04/21/2021

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