PPP Loan information for Blanchet logging & lumber co

$40,500

Blanchet logging & lumber co was initially approved for PPP Loan of amount $40,500, the current approved amount is $40,500. The loan was approved on 04/07/2020 by The Machias Savings Bank reported 2 jobs and $40,500 was used to fund payroll.

Blanchet logging & lumber co is Existing or more than 2 years old

BLANCHET LOGGING & LUMBER CO

Date Approved

04/07/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

BLANCHET LOGGING & LUMBER CO

Borrower Address

PO BOX 213

Borrower City

LINCOLN

Borrower State

ME

Borrower Zip

04457-0213

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40500.00

Current Approval Amount

40500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29760

Servicing Lender Name

Machias Savings Bank

Servicing Lender Address

4 Center St

Servicing Lender City

MACHIAS

Servicing Lender State

ME

Servicing Lender Zip

04654-1110

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LINCOLN

Project County Name

PENOBSCOT

Project State

ME

Project Zip

04457-0213

CD

ME-02

Jobs Reported

2

NAICS Code

113310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

40500.00

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

29760

Originating Lender

Machias Savings Bank

Originating Lender City

MACHIAS

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

40836.38

Forgiveness Date

02/10/2021

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