PPP Loan information for Downeast concepts inc

$320,929

Downeast concepts inc was initially approved for PPP Loan of amount $320,929, the current approved amount is $320,929. The loan was approved on 01/25/2021 by The Bangor Savings Bank reported 36 jobs and $320,929 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

01/25/2021

SBA Office Code

0172

Processing Method

PPS

Borrower Name

DOWNEAST CONCEPTS INC

Borrower Address

86 Downeast Dr

Borrower City

Yarmouth

Borrower State

ME

Borrower Zip

04096-7533

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

320929.00

Current Approval Amount

320929.00

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

36

NAICS Code

453220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

320925.00

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

322792.17

Forgiveness Date

08/24/2021

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