PPP Loan information for Massachusetts distribution corporation

$82,726

Massachusetts distribution corporation was initially approved for PPP Loan of amount $82,726, the current approved amount is $82,726. The loan was approved on 02/04/2021 by The The Cooperative Bank of Cape Cod reported 4 jobs and $82,726 was used to fund payroll.

Massachusetts distribution corporation is Existing or more than 2 years old

PPP Loan Search / MA / Yarmouth Port / Massachusetts distribution corporation

MASSACHUSETTS DISTRIBUTION CORPORATION

Date Approved

02/04/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

MASSACHUSETTS DISTRIBUTION CORPORATION

Borrower Address

99 Willow St Unit 2

Borrower City

Yarmouth Port

Borrower State

MA

Borrower Zip

02675-1761

Loan Status Date

07/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

82725.65

Current Approval Amount

82725.65

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89212

Servicing Lender Name

The Cooperative Bank of Cape Cod

Servicing Lender Address

25 Benjamin Franklin Way

Servicing Lender City

HYANNIS

Servicing Lender State

MA

Servicing Lender Zip

02601-8140

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Yarmouth Port

Project County Name

BARNSTABLE

Project State

MA

Project Zip

02675-1761

CD

MA-09

Jobs Reported

4

NAICS Code

424820

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

82719.65

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

89212

Originating Lender

The Cooperative Bank of Cape Cod

Originating Lender City

HYANNIS

Originating Lender State

MA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

83870.02

Forgiveness Date

06/22/2022

;