PPP Loan information for Westminster tool inc

$608,508

Westminster tool inc was initially approved for PPP Loan of amount $608,508, the current approved amount is $608,508. The loan was approved on 04/28/2020 by The Webster Bank National Association reported 42 jobs and $608,508 was used to fund payroll.

Westminster tool inc is Existing or more than 2 years old

WESTMINSTER TOOL INC

Date Approved

04/28/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

WESTMINSTER TOOL INC

Borrower Address

5 EAST PARKWAY

Borrower City

PLAINFIELD

Borrower State

CT

Borrower Zip

06374

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

608508.00

Current Approval Amount

608508.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

15940

Servicing Lender Name

Webster Bank National Association

Servicing Lender Address

137 Bank St

Servicing Lender City

WATERBURY

Servicing Lender State

CT

Servicing Lender Zip

06702-2205

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PLAINFIELD

Project County Name

WINDHAM

Project State

CT

Project Zip

06374-0001

CD

CT-02

Jobs Reported

42

NAICS Code

332117

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

608508.00

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

15940

Originating Lender

Webster Bank National Association

Originating Lender City

WATERBURY

Originating Lender State

CT

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

612909.26

Forgiveness Date

01/26/2021

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