Polamer Precision INC

$2,000,000 PPP Loan in New Britain, Connecticut

Loan Details

Loan Number
7558988308
Date Approved
Jan 28, 2021
Loan Status
Paid in Full
Initial Approval
$2,000,000
Current Approval
$2,000,000
Forgiveness Amount
$2,020,493
Forgiveness Date
Feb 8, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Polamer Precision INC
Address
105 Alton Brooks Way
ZIP Code
06053-3359
Business Type
Corporation
Industry (NAICS)
Manufacturing (336412)
Business Age
Existing or more than 2 years old
Jobs Reported
154
Estimated Revenue
$40.3M
Rural/Urban
Urban
Congressional District
CT-05

Loan Use Breakdown

Payroll
$1,999,994
Utilities
$1

Lender Information

Servicing Lender
Bank of America, National Association
Originating Lender
Bank of America, National Association

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