ALBERT BROTHERS INC (CT) - 2020 PPP Loan Borrower Profile (# 5090098502)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALBERT BROTHERS 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

5090098502

SBA Office Code

0156

Processing Method

PPS

Curent Loan Amount

$882,880

Date Loan was Approved

Feb 27, 2021

Amount Forgiven

$887,862.83

Date Loan was Forgiven

Sep 27, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

882,875

Lender

Manufacturers and Traders Trust Company

Business Detail

Business Type

Subchapter S Corporation

NAICS

423930

Borrower Location

Waterbury, CT

Project Location

Waterbury, CT

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.