Ripley Tools LLC

$1,188,042 PPP Loan in Cromwell, Connecticut

Loan Details

Loan Number
7764667104
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$1,188,042
Current Approval
$1,188,042
Forgiveness Amount
$1,199,239
Forgiveness Date
Apr 1, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ripley Tools LLC
Address
46 Nooks Hill Road
ZIP Code
06416
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (332216)
Business Age
Existing or more than 2 years old
Jobs Reported
78
Estimated Revenue
$19.1M
Rural/Urban
Urban
Congressional District
CT-01

Loan Use Breakdown

Payroll
$927,442
Rent
$5,600
Utilities
$35,000
Health Care
$60,000
Debt Interest
$160,000

Lender Information

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

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