PPP Loan information for Cape cod distributors inc.

$414,638

Cape cod distributors inc. was initially approved for PPP Loan of amount $414,638, the current approved amount is $414,638. The loan was approved on 01/23/2021 by The BankNewport reported 52 jobs and $414,638 was used to fund payroll.

Cape cod distributors inc. is Existing or more than 2 years old

CAPE COD DISTRIBUTORS INC.

Date Approved

01/23/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

CAPE COD DISTRIBUTORS INC.

Borrower Address

169 Main St

Borrower City

Stoneham

Borrower State

MA

Borrower Zip

02180-1613

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

414637.50

Current Approval Amount

414637.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

65657

Servicing Lender Name

BankNewport

Servicing Lender Address

10 Washington Sq

Servicing Lender City

NEWPORT

Servicing Lender State

RI

Servicing Lender Zip

02840-2948

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Stoneham

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02180-1613

CD

MA-05

Jobs Reported

52

NAICS Code

311812

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

414631.50

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

65657

Originating Lender

BankNewport

Originating Lender City

NEWPORT

Originating Lender State

RI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

418249.96

Forgiveness Date

12/14/2021

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