PPP Loan information for Friendship motor inn, inc.

$101,074

Friendship motor inn, inc. was initially approved for PPP Loan of amount $101,074, the current approved amount is $101,074. The loan was approved on 04/06/2020 by The Saco & Biddeford Savings Institution reported 20 jobs and $101,074 was used to fund payroll.

Friendship motor inn, inc. is Existing or more than 2 years old

PPP Loan Search / ME / OLD ORCHARD BEACH / Friendship motor inn, inc.

FRIENDSHIP MOTOR INN, INC.

Date Approved

04/06/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

FRIENDSHIP MOTOR INN, INC.

Borrower Address

167 East Grand Avenue

Borrower City

OLD ORCHARD BEACH

Borrower State

ME

Borrower Zip

04064-3009

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

101073.52

Current Approval Amount

101073.52

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29883

Servicing Lender Name

Saco & Biddeford Savings Institution

Servicing Lender Address

252 Main St

Servicing Lender City

SACO

Servicing Lender State

ME

Servicing Lender Zip

04072-1511

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OLD ORCHARD BEACH

Project County Name

YORK

Project State

ME

Project Zip

04064-3009

CD

ME-01

Jobs Reported

20

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

101073.52

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

29883

Originating Lender

Saco & Biddeford Savings Institution

Originating Lender City

SACO

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

101934.72

Forgiveness Date

02/23/2021

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