PPP Loan information for Canaan distributors corporation

$632,640

Canaan distributors corporation was initially approved for PPP Loan of amount $632,640, the current approved amount is $632,640. The loan was approved on 02/18/2021 by The Bankwell Bank reported 35 jobs and $632,640 was used to fund payroll.

Canaan distributors corporation is Existing or more than 2 years old

PPP Loan Search / CT / Stamford / Canaan distributors corporation

CANAAN DISTRIBUTORS CORPORATION

Date Approved

02/18/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

CANAAN DISTRIBUTORS CORPORATION

Borrower Address

20 Largo Dr

Borrower City

Stamford

Borrower State

CT

Borrower Zip

06907-2339

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

632639.87

Current Approval Amount

632639.87

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

06907-2339

CD

CT-04

Jobs Reported

35

NAICS Code

444190

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

632637.87

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

262358

Originating Lender

Bankwell Bank

Originating Lender City

New Canaan

Originating Lender State

CT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

635311.02

Forgiveness Date

07/27/2021

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