PPP Loan information for Standard modern company inc

$596,485

Standard modern company inc was initially approved for PPP Loan of amount $596,485, the current approved amount is $596,485. The loan was approved on 02/03/2021 by The Rockland Trust Company reported 46 jobs and $596,485 was used to fund payroll.

Standard modern company inc is Existing or more than 2 years old

PPP Loan Search / MA / New Bedford / Standard modern company inc

STANDARD MODERN COMPANY INC

Date Approved

02/03/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

STANDARD MODERN COMPANY INC

Borrower Address

186 Duchaine Blvd # 0

Borrower City

New Bedford

Borrower State

MA

Borrower Zip

02745-1201

Loan Status Date

01/22/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

596485.00

Current Approval Amount

596485.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33263

Servicing Lender Name

Rockland Trust Company

Servicing Lender Address

288 Union St

Servicing Lender City

ROCKLAND

Servicing Lender State

MA

Servicing Lender Zip

02370-1803

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

New Bedford

Project County Name

BRISTOL

Project State

MA

Project Zip

02745-1201

CD

MA-09

Jobs Reported

46

NAICS Code

323111

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

596481.00

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

33263

Originating Lender

Rockland Trust Company

Originating Lender City

ROCKLAND

Originating Lender State

MA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

601323.16

Forgiveness Date

12/01/2021

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