PPP Loan information for American roots wear inc.

$491,600

American roots wear inc. was initially approved for PPP Loan of amount $491,600, the current approved amount is $491,600. The loan was approved on 02/02/2021 by The Gorham Savings Bank reported 70 jobs and $491,600 was used to fund payroll.

American roots wear inc. is Existing or more than 2 years old

PPP Loan Search / ME / Westbrook / American roots wear inc.

AMERICAN ROOTS WEAR INC.

Date Approved

02/02/2021

SBA Office Code

0172

Processing Method

PPS

Borrower Name

AMERICAN ROOTS WEAR INC.

Borrower Address

90 Bridge St Ste 401

Borrower City

Westbrook

Borrower State

ME

Borrower Zip

04092-2948

Loan Status Date

09/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

491600.00

Current Approval Amount

491600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29691

Servicing Lender Name

Gorham Savings Bank

Servicing Lender Address

64 Main St

Servicing Lender City

GORHAM

Servicing Lender State

ME

Servicing Lender Zip

04038-1304

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Westbrook

Project County Name

CUMBERLAND

Project State

ME

Project Zip

04092-2948

CD

ME-01

Jobs Reported

70

NAICS Code

315220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

491595.00

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

29691

Originating Lender

Gorham Savings Bank

Originating Lender City

GORHAM

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

494235.52

Forgiveness Date

08/18/2021

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