PPP Loan information for Better way ford, llc

$806,100

Better way ford, llc was initially approved for PPP Loan of amount $806,100, the current approved amount is $806,100. The loan was approved on 04/06/2020 by The Gorham Savings Bank reported 68 jobs and $806,100 was used to fund payroll.

Better way ford, llc is Existing or more than 2 years old

BETTER WAY FORD, LLC

Date Approved

04/06/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

BETTER WAY FORD, LLC

Borrower Address

1213 US Route One

Borrower City

YARMOUTH

Borrower State

ME

Borrower Zip

04096

Loan Status Date

04/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

806100.00

Current Approval Amount

806100.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

YARMOUTH

Project County Name

CUMBERLAND

Project State

ME

Project Zip

04096-0001

CD

ME-01

Jobs Reported

68

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

806100.00

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

Limited Liability Company(LLC)

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

813959.47

Forgiveness Date

03/31/2021

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