PPP Loan information for Industrial sales and distribution inc.

$56,500

Industrial sales and distribution inc. was initially approved for PPP Loan of amount $56,500, the current approved amount is $56,500. The loan was approved on 01/23/2021 by The Dime Bank reported 4 jobs and $56,500 was used to fund payroll.

Industrial sales and distribution inc. is Existing or more than 2 years old

INDUSTRIAL SALES AND DISTRIBUTION INC.

Date Approved

01/23/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

INDUSTRIAL SALES AND DISTRIBUTION INC.

Borrower Address

337 Main St Unit 4

Borrower City

Ashaway

Borrower State

RI

Borrower Zip

02804-1819

Loan Status Date

08/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

56500.00

Current Approval Amount

56500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16432

Servicing Lender Name

Dime Bank

Servicing Lender Address

290 Salem Tpke

Servicing Lender City

NORWICH

Servicing Lender State

CT

Servicing Lender Zip

06360-6494

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ashaway

Project County Name

WASHINGTON

Project State

RI

Project Zip

02804-1819

CD

RI-02

Jobs Reported

4

NAICS Code

424690

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

56498.00

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

Subchapter S Corporation

Originating Lender Location Id

16432

Originating Lender

Dime Bank

Originating Lender City

NORWICH

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

56730.71

Forgiveness Date

06/30/2021

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