PPP Loan information for Standard duplicating machines corporation

$1,847,837

Standard duplicating machines corporation was initially approved for PPP Loan of amount $1,847,837, the current approved amount is $1,847,837. The loan was approved on 03/18/2021 by The Bank of America, National Association reported 90 jobs and $1,847,837 was used to fund payroll.

Standard duplicating machines corporation is Existing or more than 2 years old

PPP Loan Search / MA / Andover / Standard duplicating machines corporation

STANDARD DUPLICATING MACHINES CORPORATION

Date Approved

03/18/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

STANDARD DUPLICATING MACHINES CORPORATION

Borrower Address

10 Connector Rd

Borrower City

Andover

Borrower State

MA

Borrower Zip

01810-5927

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1847837.00

Current Approval Amount

1847837.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Andover

Project County Name

ESSEX

Project State

MA

Project Zip

01810-5927

CD

MA-06

Jobs Reported

90

NAICS Code

423440

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1847835.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1861050.30

Forgiveness Date

12/09/2021

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