PPP Loan information for Stoughton steel company inc

$328,813

Stoughton steel company inc was initially approved for PPP Loan of amount $328,813, the current approved amount is $328,813. The loan was approved on 01/27/2021 by The Rockland Trust Company reported 26 jobs and $328,813 was used to fund payroll.

Stoughton steel company inc is Existing or more than 2 years old

STOUGHTON STEEL COMPANY INC

Date Approved

01/27/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

STOUGHTON STEEL COMPANY INC

Borrower Address

347 Circuit St # 0

Borrower City

Hanover

Borrower State

MA

Borrower Zip

02339-2036

Loan Status Date

01/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

328812.50

Current Approval Amount

328812.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33263

Servicing Lender Name

Rockland Trust Company

Servicing Lender Address

288 Union St

Servicing Lender City

ROCKLAND

Servicing Lender State

MA

Servicing Lender Zip

02370-1803

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hanover

Project County Name

PLYMOUTH

Project State

MA

Project Zip

02339-2036

CD

MA-09

Jobs Reported

26

NAICS Code

331110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

328812.50

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

33263

Originating Lender

Rockland Trust Company

Originating Lender City

ROCKLAND

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

331799.21

Forgiveness Date

12/22/2021

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