PPP borrower record
INDUSTRIAL DRIVES AND CONTROLS, INC PPP loan record
Public SBA PPP loan record for INDUSTRIAL DRIVES AND CONTROLS, INC. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.
$398,230
Approved amount
$402,856
Forgiven amount
2020-04-11
Date approved
Borrower and loan details
Borrower
INDUSTRIAL DRIVES AND CONTROLS, INC
Loan number
3296047106
Business type
Subchapter S Corporation
Business age
Existing or more than 2 years old
Borrower city
Waterbury
Borrower state
Connecticut
Borrower ZIP
06704
Jobs reported
28
Loan status
Exemption 4
Forgiveness date
2021-06-22
Servicing lender
Webster Bank, National Association
Originating lender
Webster Bank, National Association
Reported use of proceeds
Payroll
$398,230
Rent
N/A
Utilities
N/A
Mortgage interest
N/A
Health care
N/A
Debt interest
N/A
Location pages
Related directories
Source note
PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.