PPP Loan information for Standard distributing co inc

$2,302,400

Standard distributing co inc was initially approved for PPP Loan of amount $2,302,400, the current approved amount is $2,302,400. The loan was approved on 04/14/2020 by The Citizens Bank, National Association reported 118 jobs and $2,302,400 was used to fund payroll.

Standard distributing co inc is Existing or more than 2 years old

PPP Loan Search / DE / NEW CASTLE / Standard distributing co inc

STANDARD DISTRIBUTING CO INC

Date Approved

04/14/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

STANDARD DISTRIBUTING CO INC

Borrower Address

100 south mews drive

Borrower City

NEW CASTLE

Borrower State

DE

Borrower Zip

19720-2792

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2302400.00

Current Approval Amount

2302400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NEW CASTLE

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19720-2792

CD

DE-

Jobs Reported

118

NAICS Code

424810

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2302400.00

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2328388.73

Forgiveness Date

06/11/2021

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