PPP Loan information for New standard corporation

$4,012,800

New standard corporation was initially approved for PPP Loan of amount $4,012,800, the current approved amount is $4,012,800. The loan was approved on 04/12/2020 by The PeoplesBank, A Codorus Valley Company reported 292 jobs and $4,012,800 was used to fund payroll.

New standard corporation is Existing or more than 2 years old

NEW STANDARD CORPORATION

Date Approved

04/12/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

NEW STANDARD CORPORATION

Borrower Address

74 Commerce Way

Borrower City

YORK

Borrower State

PA

Borrower Zip

17406-8038

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4012800.00

Current Approval Amount

4012800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60249

Servicing Lender Name

PeoplesBank, A Codorus Valley Company

Servicing Lender Address

105 Leader Heights Rd

Servicing Lender City

YORK

Servicing Lender State

PA

Servicing Lender Zip

17403-5137

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

YORK

Project County Name

YORK

Project State

PA

Project Zip

17406-8038

CD

PA-11

Jobs Reported

292

NAICS Code

332119

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

200000.00

Payroll Proceed

3662800.00

Mortgage Interest Proceed

100000.00

Rent Proceed

50000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

60249

Originating Lender

PeoplesBank, A Codorus Valley Company

Originating Lender City

YORK

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

4058055.47

Forgiveness Date

06/09/2021

;