340 GOLD STAR INC. (CT) - 2020 PPP Loan Borrower Profile (# 2893177103)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 340 GOLD STAR INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Connecticut.

Loan Detail

Loan Number

2893177103

SBA Office Code

0156

Processing Method

PPP

Curent Loan Amount

$258,130

Date Loan was Approved

Apr 11, 2020

Amount Forgiven

$261,383.15

Date Loan was Forgiven

Jul 21, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

25,812.85

Payroll Proced

206,504.3

Rent Proceed

25,812.85

Lender

Chelsea Groton Bank

Business Detail

Business Type

Corporation

NAICS

441110

Borrower Location

GROTON, CT

Project Location

GROTON, CT

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.