ARCHER CORPORATION (MA) - 2020 PPP Loan Borrower Profile (# 4947207105)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ARCHER CORPORATION. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Massachusetts.

Loan Detail

Loan Number

4947207105

SBA Office Code

0101

Processing Method

PPP

Curent Loan Amount

$2,145,975

Date Loan was Approved

Apr 13, 2020

Amount Forgiven

$2,075,915.24

Date Loan was Forgiven

Jun 11, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

2,145,975

Lender

Rockland Trust Company

Business Detail

Business Type

Corporation

NAICS

238350

Borrower Location

Malden, MA

Project Location

Malden, MA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.