PPP Loan information for Standard modern company, inc.

$611,905

Standard modern company, inc. was initially approved for PPP Loan of amount $611,905, the current approved amount is $611,905. The loan was approved on 04/12/2020 by The Rockland Trust Company reported 45 jobs and $611,905 was used to fund payroll.

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

STANDARD MODERN COMPANY, INC.

Date Approved

04/12/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

STANDARD MODERN COMPANY, INC.

Borrower Address

186 DUCHAINE BLVD

Borrower City

NEW BEDFORD

Borrower State

MA

Borrower Zip

02745-1201

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

611905.00

Current Approval Amount

611905.00

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

45

NAICS Code

323111

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

611905.00

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

619417.83

Forgiveness Date

07/08/2021

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