PPP Loan information for Budget business machines inc

$388,200

Budget business machines inc was initially approved for PPP Loan of amount $388,200, the current approved amount is $388,200. The loan was approved on 04/08/2020 by The Maine Community Bank reported 34 jobs and $388,200 was used to fund payroll.

Budget business machines inc is Existing or more than 2 years old

PPP Loan Search / ME / LEWISTON / Budget business machines inc

BUDGET BUSINESS MACHINES INC

Date Approved

04/08/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

BUDGET BUSINESS MACHINES INC

Borrower Address

251 Goddard Road

Borrower City

LEWISTON

Borrower State

ME

Borrower Zip

04240

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

388200.00

Current Approval Amount

388200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29614

Servicing Lender Name

Maine Community Bank

Servicing Lender Address

254 Main St

Servicing Lender City

BIDDEFORD

Servicing Lender State

ME

Servicing Lender Zip

04005-2400

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LEWISTON

Project County Name

ANDROSCOGGIN

Project State

ME

Project Zip

04240-0001

CD

ME-02

Jobs Reported

34

NAICS Code

452990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4937.00

Payroll Proceed

361963.00

Mortgage Interest Proceed

0.00

Rent Proceed

21300.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

29614

Originating Lender

Maine Community Bank

Originating Lender City

BIDDEFORD

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

390766.43

Forgiveness Date

12/08/2020

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