PPP Loan information for Dayco, inc

$111,400

Dayco, inc was initially approved for PPP Loan of amount $111,400, the current approved amount is $111,400. The loan was approved on 04/27/2020 by The Ledyard National Bank reported 10 jobs and $111,400 was used to fund payroll.

Dayco, inc is Existing or more than 2 years old

DAYCO, INC

Date Approved

04/27/2020

SBA Office Code

0150

Processing Method

PPP

Borrower Name

DAYCO, INC

Borrower Address

PO BOX 128

Borrower City

SHARON

Borrower State

VT

Borrower Zip

05065-0128

Loan Status Date

12/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

111400.00

Current Approval Amount

111400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117112

Servicing Lender Name

Ledyard National Bank

Servicing Lender Address

320 Main St

Servicing Lender City

NORWICH

Servicing Lender State

VT

Servicing Lender Zip

05055-4418

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SHARON

Project County Name

WINDSOR

Project State

VT

Project Zip

05065-0128

CD

VT-

Jobs Reported

10

NAICS Code

238310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

13368.00

Payroll Proceed

83550.00

Mortgage Interest Proceed

14482.00

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

117112

Originating Lender

Ledyard National Bank

Originating Lender City

NORWICH

Originating Lender State

VT

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

112004.31

Forgiveness Date

11/19/2020

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