INDUSTRIAL DRIVES AND CONTROLS, INC

Summary of PPP (Paycheck Protection Program) Loan approved to INDUSTRIAL DRIVES AND CONTROLS, INC by Webster Bank, National Association. The loan was approved on 4/11/2020 in the range of $350,000-1 million.

Business Information

Name:

INDUSTRIAL DRIVES AND CONTROLS, INC

165 HOMER ST
WATERBURY, CT 06704
Business type: Subchapter S Corporation
Electrical Equipment, Appliance, and Component Manufacturing
→ All Other Miscellaneous Electrical Equipment and Component Manufacturing
Non-profit: No
Loan amount: $350,000-1 million
(50 Jobs retained)
Date approved: April 11, 2020
Lender Webster Bank, National Association

Note: Only loans exceeding $150,000 are displayed here. Businesses receiving PPP loans less than $150,000 are excluded. Additionally, borrowers that received PPP loans but have since return it, are also excluded.

The Paycheck Protection Program prioritizes millions of Americans employed by small businesses by authorizing up to $659 billion toward job retention and certain other expenses. Read more information about the Paycheck Protection Program or the CARES Act.