PPP Loan information for Scheiss distributors inc

$438,600

Scheiss distributors inc was initially approved for PPP Loan of amount $438,600, the current approved amount is $438,600. The loan was approved on 04/06/2020 by The The Bank of Canton reported 26 jobs and $438,600 was used to fund payroll.

Scheiss distributors inc is Existing or more than 2 years old

PPP Loan Search / MA / CANTON / Scheiss distributors inc

SCHEISS DISTRIBUTORS INC

Date Approved

04/06/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

SCHEISS DISTRIBUTORS INC

Borrower Address

323 TURNPIKE ST

Borrower City

CANTON

Borrower State

MA

Borrower Zip

02021-2710

Loan Status Date

03/04/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

438600.00

Current Approval Amount

438600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32735

Servicing Lender Name

The Bank of Canton

Servicing Lender Address

490 Turnpike St

Servicing Lender City

CANTON

Servicing Lender State

MA

Servicing Lender Zip

02021-2704

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CANTON

Project County Name

NORFOLK

Project State

MA

Project Zip

02021-2710

CD

MA-08

Jobs Reported

26

NAICS Code

424470

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

328950.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

109650.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

32735

Originating Lender

The Bank of Canton

Originating Lender City

CANTON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

443046.92

Forgiveness Date

04/19/2021

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