Power Specialists Assoc., Inc.
$913,912 PPP Loan in Somers, Connecticut
Loan Details
- Loan Number
- 9655467103
- Date Approved
- Apr 15, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $913,912
- Current Approval
- $913,912
- Forgiveness Amount
- $920,197
- Forgiveness Date
- Dec 30, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Power Specialists Assoc., Inc.
- Address
- 531 Main Street
- City
- Somers
- State
- Connecticut
- ZIP Code
- 06071
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Professional, Scientific, and Technical Services (541330)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 51
- Estimated Revenue
- $6.3M
- Rural/Urban
- Rural
- Congressional District
- CT-02
Loan Use Breakdown
- Payroll
- $760,912
- Rent
- $45,000
- Utilities
- $25,000
- Health Care
- $75,000
- Debt Interest
- $8,000
Lender Information
- Servicing Lender
- Manufacturers and Traders Trust Company
- Originating Lender
- Manufacturers and Traders Trust Company
Other PPP Loans in Somers, CT
| Business | Approved | |
|---|---|---|
| Grower Direct Farms Inc. | $1,484,330 | |
| Grower Direct Farms, INC | $1,484,300 | |
| Laurel Tool & Engineering Co., INC | $1,190,032 | |
| Power Specialists Assoc. Inc. | $933,942 | |
| Grower Merchandising Services, LLC | $906,600 |
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