PPP Loan information for City of caribou

$4,787,700

City of caribou was initially approved for PPP Loan of amount $4,787,700, the current approved amount is $4,787,700. The loan was approved on 04/04/2020 by The Katahdin Trust Co. reported 250 jobs and $4,787,700 was used to fund payroll.

City of caribou is Existing or more than 2 years old

CITY OF CARIBOU

Date Approved

04/04/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

CITY OF CARIBOU

Borrower Address

163 VAN BUREN RD, St 1

Borrower City

CARIBOU

Borrower State

ME

Borrower Zip

04736-3567

Loan Status Date

10/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4787700.00

Current Approval Amount

4787700.00

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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CARIBOU

Project County Name

AROOSTOOK

Project State

ME

Project Zip

04736-3567

CD

ME-02

Jobs Reported

250

NAICS Code

622110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

598462.00

Payroll Proceed

3590775.00

Mortgage Interest Proceed

598463.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

29770

Originating Lender

Katahdin Trust Co.

Originating Lender City

PATTEN

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

4855924.73

Forgiveness Date

09/24/2021

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