Piela Electric, Inc.

$154,583 PPP Loan in Preston, Connecticut

Loan Details

Loan Number
9066037203
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$154,583
Current Approval
$154,583
Forgiveness Amount
$155,930
Forgiveness Date
Mar 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Piela Electric, Inc.
Address
16 Halls Mill Rd
ZIP Code
06365-8503
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (811219)
Business Age
Existing or more than 2 years old
Jobs Reported
11
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
CT-02

Loan Use Breakdown

Payroll
$123,666
Mortgage Interest
$30,917

Lender Information

Servicing Lender
Chelsea Groton Bank
Originating Lender
Chelsea Groton Bank

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