PPP Loan information for Downeast community partners

$1,269,220

Downeast community partners was initially approved for PPP Loan of amount $1,269,220, the current approved amount is $1,269,220. The loan was approved on 04/10/2020 by The Machias Savings Bank reported 155 jobs and $1,269,220 was used to fund payroll.

Downeast community partners is Existing or more than 2 years old

DOWNEAST COMMUNITY PARTNERS

Date Approved

04/10/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

DOWNEAST COMMUNITY PARTNERS

Borrower Address

248 Bucksport Rd

Borrower City

ELLSWORTH

Borrower State

ME

Borrower Zip

04605-2715

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1269220.00

Current Approval Amount

1269220.00

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

ELLSWORTH

Project County Name

HANCOCK

Project State

ME

Project Zip

04605-2715

CD

ME-02

Jobs Reported

155

NAICS Code

624190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1269220.00

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

Non-Profit Organization

Originating Lender Location Id

29760

Originating Lender

Machias Savings Bank

Originating Lender City

MACHIAS

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1285825.63

Forgiveness Date

08/05/2021

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