As part of the Paycheck Protection Program CHARTER OAK FINANCIAL INC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

CHARTER OAK FINANCIAL INC


Loan Amount	$1,181,700
BusinessName	CHARTER OAK FINANCIAL INC
Address	330 WHITNEY AVE SUITE 600
City	HOLYOKE
State	MA
Zip	1040
NAICSCode	523930
BusinessType	Subchapter S Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	72
DateApproved	04/07/2020
Lender	People's United Bank, National Association
CD	MA-01
BusinessName.clean	CHARTER OAK FINANCIAL

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

CHARTER OAK HEALTH CENTER
CHARTER OAK OIL COMPANY
CHARTER SCHOOL BUSINESS MGT
CHARTER SCHOOL CAPITAL
CHARTER SCHOOL MANAGEMENT