Hersam Acorn Newspapers, LLC

$853,300 PPP Loan in Trumbull, Connecticut

Loan Details

Loan Number
3132857204
Date Approved
Apr 16, 2020
Loan Status
Paid in Full
Initial Approval
$853,300
Current Approval
$853,300
Forgiveness Amount
$858,001
Forgiveness Date
Feb 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Hersam Acorn Newspapers, LLC
Address
205 Spring Hill Rd
ZIP Code
06611-1327
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Information (511110)
Business Age
Existing or more than 2 years old
Jobs Reported
105
Estimated Revenue
$17.6M
Rural/Urban
Urban
Congressional District
CT-04

Loan Use Breakdown

Payroll
$682,640
Rent
$127,995
Utilities
$42,665

Lender Information

Servicing Lender
Fairfield County Bank
Originating Lender
Fairfield County Bank

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