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

Date Approved

04/13/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

PALMER'S ELECTRIC MOTORS & PUMPS, INC.

Borrower Address

40 OSBORNE AVE

Borrower City

NORWALK

Borrower State

CT

Borrower Zip

06855-1021

Loan Status Date

04/06/2021

Loan Status

Paid in Full

Term

24

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

New Business or 2 years or less

Project City

NORWALK

Project County Name

FAIRFIELD

Project State

CT

Project Zip

06855-1021

CD

CT-04

Jobs Reported

6

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

7611.25

Payroll Proceed

45667.50

Mortgage Interest Proceed

0.00

Rent Proceed

7611.25

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

61465.07

Forgiveness Date

03/23/2021