PPP Loan information for Product ventures ltd

$566,188

Product ventures ltd was initially approved for PPP Loan of amount $566,188, the current approved amount is $566,188. The loan was approved on 04/15/2020 by The Connecticut Community Bank, National Association reported 32 jobs and $566,188 was used to fund payroll.

Product ventures ltd is Existing or more than 2 years old

PRODUCT VENTURES LTD

Date Approved

04/15/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

PRODUCT VENTURES LTD

Borrower Address

55 Walls Drive Suite 400

Borrower City

FAIRFIELD

Borrower State

CT

Borrower Zip

06824

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

566187.50

Current Approval Amount

566187.50

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FAIRFIELD

Project County Name

FAIRFIELD

Project State

CT

Project Zip

06824-0001

CD

CT-04

Jobs Reported

32

NAICS Code

541410

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

424640.63

Mortgage Interest Proceed

0.00

Rent Proceed

141546.87

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

123396

Originating Lender

Connecticut Community Bank, National Association

Originating Lender City

Norwalk

Originating Lender State

CT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

559462.83

Forgiveness Date

11/23/2020

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