Fiberoptics Technology, INC

$1,681,443 PPP Loan in Pomfret, Connecticut

Loan Details

Loan Number
6553947209
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$1,681,443
Current Approval
$1,681,443
Forgiveness Amount
$359,977
Forgiveness Date
Dec 28, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Fiberoptics Technology, INC
Address
1 Quassett Road
ZIP Code
06258
Business Type
Corporation
Industry (NAICS)
Manufacturing (334417)
Business Age
Existing or more than 2 years old
Jobs Reported
168
Estimated Revenue
$44.0M
Rural/Urban
Rural
Congressional District
CT-02

Loan Use Breakdown

Payroll
$1,345,154
Rent
$168,144
Utilities
$168,144

Lender Information

Servicing Lender
Chelsea Groton Bank
Originating Lender
Chelsea Groton Bank

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