Couto Donuts, Inc.

$177,740 PPP Loan in Groton, Connecticut

Loan Details

Loan Number
6165287210
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$177,740
Current Approval
$177,740
Forgiveness Amount
$179,717
Forgiveness Date
Jun 10, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Couto Donuts, Inc.
Address
368 Route 12
City
Groton
ZIP Code
06340-2930
Business Type
Corporation
Industry (NAICS)
Manufacturing (311811)
Franchise
Dunkin' Donuts
Business Age
Existing or more than 2 years old
Jobs Reported
28
Estimated Revenue
$9.9M
Rural/Urban
Urban
Congressional District
CT-02

Loan Use Breakdown

Payroll
$142,192
Rent
$17,774
Utilities
$17,774

Lender Information

Servicing Lender
Chelsea Groton Bank
Originating Lender
Chelsea Groton Bank

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