Specialty Cable Corporation

$922,187 PPP Loan in Wallingford, Connecticut

Loan Details

Loan Number
7718437104
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$922,187
Current Approval
$922,187
Forgiveness Amount
$927,265
Forgiveness Date
Nov 12, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Specialty Cable Corporation
Address
2 Tower Drive
ZIP Code
06492
Business Type
Corporation
Industry (NAICS)
Manufacturing (335929)
Business Age
Existing or more than 2 years old
Jobs Reported
71
Estimated Revenue
$18.6M
Rural/Urban
Urban
Congressional District
CT-03

Loan Use Breakdown

Payroll
$706,468
Rent
$71,665
Utilities
$41,000
Health Care
$103,054

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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