PPP Loan information for Palmer's electric motors & pumps inc.

$60,890

Palmer's electric motors & pumps inc. was initially approved for PPP Loan of amount $60,890, the current approved amount is $60,890. The loan was approved on 01/17/2021 by The Connecticut Community Bank, National Association reported 4 jobs and $60,890 was used to fund payroll.

Palmer's electric motors & pumps inc. is Existing or more than 2 years old

PPP Loan Search / CT / Norwalk / Palmer's electric motors & pumps inc.

PALMER'S ELECTRIC MOTORS & PUMPS INC.

Date Approved

01/17/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

PALMER'S ELECTRIC MOTORS & PUMPS INC.

Borrower Address

30 Osborne Ave

Borrower City

Norwalk

Borrower State

CT

Borrower Zip

06855-1710

Loan Status Date

10/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

60890.00

Current Approval Amount

60890.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123396

Servicing Lender Name

Connecticut Community Bank, National Association

Servicing Lender Address

605 West Ave

Servicing Lender City

Norwalk

Servicing Lender State

CT

Servicing Lender Zip

06850

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Norwalk

Project County Name

FAIRFIELD

Project State

CT

Project Zip

06855-1710

CD

CT-04

Jobs Reported

4

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

60885.00

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

Subchapter S Corporation

Originating Lender Location Id

123396

Originating Lender

Connecticut Community Bank, National Association

Originating Lender City

Norwalk

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

61280.71

Forgiveness Date

09/15/2021

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