PPP Loan information for Downeast concepts, inc

$368,800

Downeast concepts, inc was initially approved for PPP Loan of amount $368,800, the current approved amount is $368,800. The loan was approved on 04/05/2020 by The Bangor Savings Bank reported 37 jobs and $368,800 was used to fund payroll.

Downeast concepts, inc is Existing or more than 2 years old

PPP Loan Search / ME / YARMOUTH / Downeast concepts, inc

DOWNEAST CONCEPTS, INC

Date Approved

04/05/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

DOWNEAST CONCEPTS, INC

Borrower Address

86 DOWNEAST DRIVE

Borrower City

YARMOUTH

Borrower State

ME

Borrower Zip

04096-7533

Loan Status Date

11/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

368800.00

Current Approval Amount

368800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29389

Servicing Lender Name

Bangor Savings Bank

Servicing Lender Address

24 Hamlin Way

Servicing Lender City

BANGOR

Servicing Lender State

ME

Servicing Lender Zip

04401-6497

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

04096-7533

CD

ME-01

Jobs Reported

37

NAICS Code

424990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

368800.00

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

Subchapter S Corporation

Originating Lender Location Id

29389

Originating Lender

Bangor Savings Bank

Originating Lender City

BANGOR

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

370951.33

Forgiveness Date

11/03/2020

;