PPP Loan information for Canaan distributors corp.

$633,003

Canaan distributors corp. was initially approved for PPP Loan of amount $633,003, the current approved amount is $633,003. The loan was approved on 04/15/2020 by The Bankwell Bank reported 34 jobs and $633,003 was used to fund payroll.

Canaan distributors corp. is Existing or more than 2 years old

PPP Loan Search / CT / Stamford / Canaan distributors corp.

CANAAN DISTRIBUTORS CORP.

Date Approved

04/15/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

CANAAN DISTRIBUTORS CORP.

Borrower Address

20 Largo Drive

Borrower City

Stamford

Borrower State

CT

Borrower Zip

06907

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

633002.50

Current Approval Amount

633002.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

262358

Servicing Lender Name

Bankwell Bank

Servicing Lender Address

156 Cherry St

Servicing Lender City

New Canaan

Servicing Lender State

CT

Servicing Lender Zip

06840

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Stamford

Project County Name

FAIRFIELD

Project State

CT

Project Zip

06907-0001

CD

CT-04

Jobs Reported

34

NAICS Code

423710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

515081.50

Mortgage Interest Proceed

0.00

Rent Proceed

90000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

27921.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

262358

Originating Lender

Bankwell Bank

Originating Lender City

New Canaan

Originating Lender State

CT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

636448.85

Forgiveness Date

11/03/2020

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