AMERICAN WOOLEN COMPANY INC. (CT) - 2020 PPP Loan Borrower Profile (# 8841247106)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMERICAN WOOLEN COMPANY 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

8841247106

SBA Office Code

0156

Processing Method

PPP

Curent Loan Amount

$678,067

Date Loan was Approved

Apr 15, 2020

Amount Forgiven

$669,495.2

Date Loan was Forgiven

Feb 23, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

678,067

Lender

Bank of America, National Association

Business Detail

Business Type

Corporation

NAICS

313210

Borrower Location

STAFFORD SPRINGS, CT

Project Location

STAFFORD SPRINGS, CT

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Unanswered

Data Source: SBA.