PPP Loan information for Draper knitting

$351,699

Draper knitting was initially approved for PPP Loan of amount $2,110,600, the current approved amount is $351,699. The loan was approved on 04/16/2020 by The The Bank of Canton reported 35 jobs and $351,699 was used to fund payroll.

Draper knitting is Existing or more than 2 years old

DRAPER KNITTING

Date Approved

04/16/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

DRAPER KNITTING

Borrower Address

26 DRAPER ST

Borrower City

CANTON

Borrower State

MA

Borrower Zip

02021-2100

Loan Status Date

03/04/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2110600.00

Current Approval Amount

351699.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32735

Servicing Lender Name

The Bank of Canton

Servicing Lender Address

490 Turnpike St

Servicing Lender City

CANTON

Servicing Lender State

MA

Servicing Lender Zip

02021-2704

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CANTON

Project County Name

NORFOLK

Project State

MA

Project Zip

02021-2100

CD

MA-08

Jobs Reported

35

NAICS Code

313230

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

43962.00

Payroll Proceed

263775.00

Mortgage Interest Proceed

0.00

Rent Proceed

43962.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

32735

Originating Lender

The Bank of Canton

Originating Lender City

CANTON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

355362.53

Forgiveness Date

05/05/2021

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