PPP Loan information for Distron corp

$1,118,423

Distron corp was initially approved for PPP Loan of amount $1,118,423, the current approved amount is $1,118,423. The loan was approved on 02/19/2021 by The BayCoast Bank reported 102 jobs and $1,118,423 was used to fund payroll.

Distron corp is Existing or more than 2 years old

DISTRON CORP

Date Approved

02/19/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

DISTRON CORP

Borrower Address

87 John L Dietsch Sq

Borrower City

N Attleboro

Borrower State

MA

Borrower Zip

02763-1027

Loan Status Date

02/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1118423.00

Current Approval Amount

1118423.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32784

Servicing Lender Name

BayCoast Bank

Servicing Lender Address

330 Swansea Mall Dr

Servicing Lender City

SWANSEA

Servicing Lender State

MA

Servicing Lender Zip

02777-4112

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

N Attleboro

Project County Name

BRISTOL

Project State

MA

Project Zip

02763-1027

CD

MA-04

Jobs Reported

102

NAICS Code

334418

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1118422.00

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

Corporation

Originating Lender Location Id

32784

Originating Lender

BayCoast Bank

Originating Lender City

SWANSEA

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1128737.35

Forgiveness Date

01/21/2022

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