PPP Loan information for Alexander and schmidt

$403,541

Alexander and schmidt was initially approved for PPP Loan of amount $403,541, the current approved amount is $403,541. The loan was approved on 04/27/2020 by The Norway Savings Bank reported 30 jobs and $403,541 was used to fund payroll.

Alexander and schmidt is New Business or 2 years or less

ALEXANDER AND SCHMIDT

Date Approved

04/27/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

ALEXANDER AND SCHMIDT

Borrower Address

Po Box 337

Borrower City

Yarmouth

Borrower State

ME

Borrower Zip

04096

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

403540.97

Current Approval Amount

403540.97

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29763

Servicing Lender Name

Norway Savings Bank

Servicing Lender Address

261 Main St

Servicing Lender City

NORWAY

Servicing Lender State

ME

Servicing Lender Zip

04268-5915

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Yarmouth

Project County Name

CUMBERLAND

Project State

ME

Project Zip

04096-0001

CD

ME-01

Jobs Reported

30

NAICS Code

524298

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

403540.97

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

29763

Originating Lender

Norway Savings Bank

Originating Lender City

NORWAY

Originating Lender State

ME

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

406470.79

Forgiveness Date

01/20/2021

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