Date Approved
04/28/2020
SBA Office Code
0156
Processing Method
PPP
Borrower Name
WILLARD J. STEARNS & SONS, INC.
Borrower Address
50 Stearns Road
Borrower City
STORRS MANSFIELD
Borrower State
CT
Borrower Zip
06268-2701
Loan Status Date
06/15/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
255937.00
Current Approval Amount
255900.00
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
16432
Servicing Lender Name
Dime Bank
Servicing Lender Address
290 Salem Tpke
Servicing Lender City
NORWICH
Servicing Lender State
Servicing Lender Zip
06360-6494
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
TOLLAND
Project State
Project Zip
CD
CT-02
Jobs Reported
40
NAICS Code
112120
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
258494.54
Forgiveness Date
05/06/2021