PPP Loan information for Stoughton steel company

$328,812

Stoughton steel company was initially approved for PPP Loan of amount $328,812, the current approved amount is $328,812. The loan was approved on 04/14/2020 by The Rockland Trust Company reported 26 jobs and $328,812 was used to fund payroll.

Stoughton steel company is Existing or more than 2 years old

STOUGHTON STEEL COMPANY

Date Approved

04/14/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

STOUGHTON STEEL COMPANY

Borrower Address

347 CIRCUIT ST

Borrower City

HANOVER

Borrower State

MA

Borrower Zip

02339-2036

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

328812.00

Current Approval Amount

328812.00

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

HANOVER

Project County Name

PLYMOUTH

Project State

MA

Project Zip

02339-2036

CD

MA-09

Jobs Reported

26

NAICS Code

331110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

328812.00

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

33263

Originating Lender

Rockland Trust Company

Originating Lender City

ROCKLAND

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

331396.83

Forgiveness Date

02/02/2021

;