PPP Loan information for Distron corporation

$1,051,882

Distron corporation was initially approved for PPP Loan of amount $1,051,882, the current approved amount is $1,051,882. The loan was approved on 04/29/2020 by The BayCoast Bank reported 108 jobs and $1,051,882 was used to fund payroll.

Distron corporation is Existing or more than 2 years old

DISTRON CORPORATION

Date Approved

04/29/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

DISTRON CORPORATION

Borrower Address

87 John L. Dietsch Square

Borrower City

ATTLEBORO FALLS

Borrower State

MA

Borrower Zip

02763

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1051882.00

Current Approval Amount

1051882.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32784

Servicing Lender Name

BayCoast Bank

Servicing Lender Address

330 Swansea Mall Dr

Servicing Lender City

SWANSEA

Servicing Lender State

MA

Servicing Lender Zip

02777-4112

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ATTLEBORO FALLS

Project County Name

BRISTOL

Project State

MA

Project Zip

02763-0130

CD

MA-04

Jobs Reported

108

NAICS Code

335313

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1051882.00

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

32784

Originating Lender

BayCoast Bank

Originating Lender City

SWANSEA

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1061465.81

Forgiveness Date

03/31/2021

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