PPP Loan information for Archer corporation

$2,145,975

Archer corporation was initially approved for PPP Loan of amount $2,145,975, the current approved amount is $2,145,975. The loan was approved on 04/13/2020 by The Rockland Trust Company reported 63 jobs and $2,145,975 was used to fund payroll.

Archer corporation is Existing or more than 2 years old

ARCHER CORPORATION

Date Approved

04/13/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

ARCHER CORPORATION

Borrower Address

349 Washington St.

Borrower City

Malden

Borrower State

MA

Borrower Zip

02148

Loan Status Date

01/13/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2145975.00

Current Approval Amount

2145975.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

Malden

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02148-0001

CD

MA-05

Jobs Reported

63

NAICS Code

238350

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2145975.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2075915.24

Forgiveness Date

06/11/2021

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