ABBOTT'S LOBSTERS INC (CT) - 2020 PPP Loan Borrower Profile (# 9964647200)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABBOTT'S LOBSTERS 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
9964647200
SBA Office Code
0156
Processing Method
PPP
Curent Loan Amount
$83,446
Date Loan was Approved
Apr 28, 2020
Amount Forgiven
$84,525.08
Date Loan was Forgiven
Aug 17, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
8,344.6
Payroll Proced
66,756.8
Rent Proceed
8,344.6
Lender
Chelsea Groton Bank

Business Detail

Business Type
Corporation
NAICS
424460
Borrower Location
GROTON, CT
Project Location
GROTON, CT
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
78
Business Age Description
Existing or more than 2 years old
Data Source: SBA.