Avid INC

$625,528 PPP Loan in Rocky Hill, Connecticut

Loan Details

Loan Number
5623637005
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$625,528
Current Approval
$625,528
Forgiveness Amount
$630,378
Forgiveness Date
Jan 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Avid INC
Address
100 Corporate Place
ZIP Code
06067-1803
Business Type
Subchapter S Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541613)
Business Age
Existing or more than 2 years old
Jobs Reported
36
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
CT-01

Loan Use Breakdown

Payroll
$625,528

Lender Information

Servicing Lender
Webster Bank National Association
Originating Lender
Webster Bank National Association

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