Colonial Machine & Tool, Inc.
$552,683 PPP Loan in Coventry, Rhode Island
Loan Details
- Loan Number
- 5255827205
- Date Approved
- Apr 27, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $552,683
- Current Approval
- $552,683
- Forgiveness Amount
- $557,952
- Forgiveness Date
- Apr 20, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Colonial Machine & Tool, Inc.
- Address
- 5 Slavas Ave.
- City
- Coventry
- State
- Rhode Island
- ZIP Code
- 02816
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (333999)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 40
- Estimated Revenue
- $10.5M
- Rural/Urban
- Urban
- Congressional District
- RI-02
Loan Use Breakdown
- Payroll
- $552,683
Lender Information
- Servicing Lender
- Santander Bank, National Association
- Originating Lender
- Santander Bank, National Association
Other PPP Loans in Coventry, RI
| Business | Approved | |
|---|---|---|
| D'ambra Construction Company, Inc. | $2,861,324 | |
| Riverview Nursing Home Inc. | $1,971,100 | |
| Rebuilders Automotive Supply Co., Inc. | $1,643,250 | |
| Coventry Lumber, Inc. | $1,102,000 | |
| Alpine Retirement Home INC | $631,200 |
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