Utitec, Inc.

$845,000 PPP Loan in Watertown, Connecticut

Loan Details

Loan Number
5717117003
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$845,000
Current Approval
$845,000
Forgiveness Amount
$850,718
Forgiveness Date
Dec 28, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Utitec, Inc.
Address
169 Callender Rd
ZIP Code
06795-1627
Business Type
Corporation
Industry (NAICS)
Manufacturing (339993)
Business Age
Existing or more than 2 years old
Jobs Reported
66
Estimated Revenue
$18.4M
Rural/Urban
Rural
Congressional District
CT-05

Loan Use Breakdown

Payroll
$845,000

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

Other PPP Loans in Watertown, CT

BusinessApproved
Global Steering Systems, LLC$3,538,000NewBizBotAI Deep Dive
Braxton Manufacturing Company, Inc.$2,646,700NewBizBotAI Deep Dive
Allume Home Care, LLC$1,317,000NewBizBotAI Deep Dive
Valenti Motors INC$1,183,765NewBizBotAI Deep Dive
The Carby Corporation$1,128,100NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free