New Standard Corporation

$4,012,800 PPP Loan in York, Pennsylvania

Loan Details

Loan Number
3889437100
Date Approved
Apr 12, 2020
Loan Status
Paid in Full
Initial Approval
$4,012,800
Current Approval
$4,012,800
Forgiveness Amount
$4,058,055
Forgiveness Date
Jun 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
New Standard Corporation
Address
74 Commerce Way
City
York
ZIP Code
17406-8038
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332119)
Business Age
Existing or more than 2 years old
Jobs Reported
292
Estimated Revenue
$71.4M
Rural/Urban
Urban
Congressional District
PA-11

Loan Use Breakdown

Payroll
$3,662,800
Rent
$50,000
Utilities
$200,000
Mortgage Interest
$100,000

Lender Information

Servicing Lender
Orrstown Bank
Originating Lender
Orrstown Bank

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