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
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