The Arc of the Farmington Valley, INC

$1,600,000 PPP Loan in Canton, Connecticut

Loan Details

Loan Number
5977737008
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$1,600,000
Current Approval
$1,686,900
Forgiveness Amount
$1,702,937
Forgiveness Date
Mar 30, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
The Arc of the Farmington Valley, INC
Address
225 Commerce Dr
City
Canton
ZIP Code
06019-2478
Business Type
Non-Profit Organization
Industry (NAICS)
Health Care and Social Assistance (623210)
Business Age
Existing or more than 2 years old
Jobs Reported
294
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Urban
Congressional District
CT-05

Loan Use Breakdown

Payroll
$1,686,900

Lender Information

Servicing Lender
Northwest Community Bank
Originating Lender
Collinsville Bank, a Division of

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