Shipman's Fire Equipment Company, INC

$559,302 PPP Loan in Waterford, Connecticut

Loan Details

Loan Number
6685827101
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$559,302
Current Approval
$559,302
Forgiveness Amount
$562,642
Forgiveness Date
Nov 27, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Shipman's Fire Equipment Company, INC
Address
172 Cross Rd
ZIP Code
06385-1215
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423850)
Business Age
Existing or more than 2 years old
Jobs Reported
40
Estimated Revenue
$12.3M
Rural/Urban
Urban
Congressional District
CT-02

Loan Use Breakdown

Payroll
$447,442
Rent
$55,930
Utilities
$55,930

Lender Information

Servicing Lender
Chelsea Groton Bank
Originating Lender
Chelsea Groton Bank

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