PPP Loan information for Preferred utilities manufacturing corp.

$1,989,700

Preferred utilities manufacturing corp. was initially approved for PPP Loan of amount $1,989,700, the current approved amount is $1,989,700. The loan was approved on 04/03/2020 by The Savings Bank of Danbury reported 120 jobs and $1,989,700 was used to fund payroll.

Preferred utilities manufacturing corp. is Existing or more than 2 years old

PREFERRED UTILITIES MANUFACTURING CORP.

Date Approved

04/03/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

PREFERRED UTILITIES MANUFACTURING CORP.

Borrower Address

31-35 SOUTH ST

Borrower City

DANBURY

Borrower State

CT

Borrower Zip

06810-1800

Loan Status Date

04/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1989700.00

Current Approval Amount

1989700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16105

Servicing Lender Name

Savings Bank of Danbury

Servicing Lender Address

220 Main St

Servicing Lender City

DANBURY

Servicing Lender State

CT

Servicing Lender Zip

06810-6635

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DANBURY

Project County Name

FAIRFIELD

Project State

CT

Project Zip

06810-1800

CD

CT-05

Jobs Reported

120

NAICS Code

333414

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1989700.00

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

16105

Originating Lender

Savings Bank of Danbury

Originating Lender City

DANBURY

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2007496.76

Forgiveness Date

03/05/2021

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