Distributor Corporation of New England

$2,222,400 PPP Loan in Malden, Massachusetts

Loan Details

Loan Number
2318347208
Date Approved
Apr 16, 2020
Loan Status
Paid in Full
Initial Approval
$2,222,400
Current Approval
$2,222,400
Forgiveness Amount
$2,246,268
Forgiveness Date
May 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Distributor Corporation of New England
Address
767 Eastern Ave
City
Malden
ZIP Code
02148
Business Type
Subchapter S Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541614)
Business Age
Existing or more than 2 years old
Jobs Reported
127
Estimated Revenue
$13.1M
Rural/Urban
Urban
Congressional District
MA-05

Loan Use Breakdown

Payroll
$2,222,400

Lender Information

Servicing Lender
Citizens Bank, National Association
Originating Lender
Citizens Bank, National Association

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