PPP Loan information for Cape cod distributors inc

$414,600

Cape cod distributors inc was initially approved for PPP Loan of amount $414,600, the current approved amount is $414,600. The loan was approved on 04/07/2020 by The BankNewport reported 52 jobs and $414,600 was used to fund payroll.

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

CAPE COD DISTRIBUTORS INC

Date Approved

04/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

CAPE COD DISTRIBUTORS INC

Borrower Address

169 Main Street

Borrower City

STONEHAM

Borrower State

MA

Borrower Zip

02180-1613

Loan Status Date

07/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

414600.00

Current Approval Amount

414600.00

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

311811

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

414600.00

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

65657

Originating Lender

BankNewport

Originating Lender City

NEWPORT

Originating Lender State

RI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

419518.41

Forgiveness Date

06/24/2021

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