PPP Loan information for Bangor motor inn

$99,200

Bangor motor inn was initially approved for PPP Loan of amount $99,200, the current approved amount is $99,200. The loan was approved on 04/03/2020 by The Katahdin Trust Co. reported 31 jobs and $99,200 was used to fund payroll.

Bangor motor inn is Existing or more than 2 years old

BANGOR MOTOR INN

Date Approved

04/03/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

BANGOR MOTOR INN

Borrower Address

11 BANGOR MALL BLVD Suite 1

Borrower City

BANGOR

Borrower State

ME

Borrower Zip

04401-3612

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

99200.00

Current Approval Amount

99200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29770

Servicing Lender Name

Katahdin Trust Co.

Servicing Lender Address

11 Main St

Servicing Lender City

PATTEN

Servicing Lender State

ME

Servicing Lender Zip

04765-3100

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BANGOR

Project County Name

PENOBSCOT

Project State

ME

Project Zip

04401-3612

CD

ME-02

Jobs Reported

31

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

99200.00

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

Subchapter S Corporation

Originating Lender Location Id

29770

Originating Lender

Katahdin Trust Co.

Originating Lender City

PATTEN

Originating Lender State

ME

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

100172.71

Forgiveness Date

04/02/2021

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