PPP Loan information for Drayton distributors

$391,260

Drayton distributors was initially approved for PPP Loan of amount $391,260, the current approved amount is $391,260. The loan was approved on 04/16/2020 by The Webster Bank National Association reported 24 jobs and $391,260 was used to fund payroll.

Drayton distributors is Existing or more than 2 years old

PPP Loan Search / MA / SEEKONK / Drayton distributors

DRAYTON DISTRIBUTORS

Date Approved

04/16/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

DRAYTON DISTRIBUTORS

Borrower Address

66 LEAVITT ST

Borrower City

SEEKONK

Borrower State

MA

Borrower Zip

02771-5911

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

391260.00

Current Approval Amount

391260.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

15940

Servicing Lender Name

Webster Bank National Association

Servicing Lender Address

137 Bank St

Servicing Lender City

WATERBURY

Servicing Lender State

CT

Servicing Lender Zip

06702-2205

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SEEKONK

Project County Name

BRISTOL

Project State

MA

Project Zip

02771-5911

CD

MA-04

Jobs Reported

24

NAICS Code

423840

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

391260.00

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

15940

Originating Lender

Webster Bank National Association

Originating Lender City

WATERBURY

Originating Lender State

CT

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

394904.61

Forgiveness Date

03/31/2021

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