PPP Loan information for Hanover consumer cooperative society inc

$3,000,000

Hanover consumer cooperative society inc was initially approved for PPP Loan of amount $3,218,500, the current approved amount is $3,000,000. The loan was approved on 04/15/2020 by The Ledyard National Bank reported 329 jobs and $3,000,000 was used to fund payroll.

Hanover consumer cooperative society inc is Existing or more than 2 years old

HANOVER CONSUMER COOPERATIVE SOCIETY INC

Date Approved

04/15/2020

SBA Office Code

0189

Processing Method

PPP

Borrower Name

HANOVER CONSUMER COOPERATIVE SOCIETY INC

Borrower Address

45 South Park St

Borrower City

HANOVER

Borrower State

NH

Borrower Zip

03755

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3218500.00

Current Approval Amount

3000000.00

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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HANOVER

Project County Name

GRAFTON

Project State

NH

Project Zip

03755-0001

CD

NH-02

Jobs Reported

329

NAICS Code

445110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2413875.00

Mortgage Interest Proceed

321850.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

264275.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

117112

Originating Lender

Ledyard National Bank

Originating Lender City

NORWICH

Originating Lender State

VT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2344661.79

Forgiveness Date

06/28/2021

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