PPP Loan information for Colonial systems inc

$2,000,000

Colonial systems inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 04/24/2021 by The TD Bank, National Association reported 162 jobs and $2,000,000 was used to fund payroll.

Colonial systems inc is Existing or more than 2 years old

PPP Loan Search / MA / Littleton / Colonial systems inc

COLONIAL SYSTEMS INC

Date Approved

04/24/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

COLONIAL SYSTEMS INC

Borrower Address

1 Distribution Center Cir Ste 500

Borrower City

Littleton

Borrower State

MA

Borrower Zip

01460-6249

Loan Status Date

01/22/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29805

Servicing Lender Name

TD Bank, National Association

Servicing Lender Address

2035 Limestone Rd

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19808-5529

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Littleton

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01460-6249

CD

MA-03

Jobs Reported

162

NAICS Code

532420

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999998.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

29805

Originating Lender

TD Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2012388.89

Forgiveness Date

12/08/2021

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