Adams & Welch Restaurant Associates INC

$915,527 PPP Loan in Plainville, Connecticut

Loan Details

Loan Number
8091457807
Date Approved
Jun 5, 2020
Loan Status
Paid in Full
Initial Approval
$915,527
Current Approval
$915,527
Forgiveness Amount
$921,271
Forgiveness Date
Feb 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Adams & Welch Restaurant Associates INC
Address
143 New Britain Ave
ZIP Code
06062
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (722511)
Business Age
Existing or more than 2 years old
Jobs Reported
110
Estimated Revenue
$19.5M
Rural/Urban
Urban
Congressional District
CT-05

Loan Use Breakdown

Payroll
$915,527

Lender Information

Servicing Lender
Webster Bank National Association
Originating Lender
Webster Bank National Association

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