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
- City
- Watertown
- State
- Connecticut
- 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
| Business | Approved | |
|---|---|---|
| Global Steering Systems, LLC | $3,538,000 | |
| Braxton Manufacturing Company, Inc. | $2,646,700 | |
| Allume Home Care, LLC | $1,317,000 | |
| Valenti Motors INC | $1,183,765 | |
| The Carby Corporation | $1,128,100 |
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