PPP Loan information for Stanley & sons inc

$2,395,508

Stanley & sons inc was initially approved for PPP Loan of amount $2,395,508, the current approved amount is $2,395,508. The loan was approved on 05/03/2020 by The Bank of America, National Association reported 119 jobs and $2,395,508 was used to fund payroll.

Stanley & sons inc is New Business or 2 years or less

STANLEY & SONS INC

Date Approved

05/03/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

STANLEY & SONS INC

Borrower Address

3 CARL ST

Borrower City

NEWTON

Borrower State

MA

Borrower Zip

02461-1905

Loan Status Date

09/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2395508.00

Current Approval Amount

2395508.00

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

New Business or 2 years or less

Project City

NEWTON

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02461-1905

CD

MA-04

Jobs Reported

119

NAICS Code

238130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2395508.00

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

2399449.55

Forgiveness Date

07/20/2022

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