PPP Loan information for Hope association

$479,390

Hope association was initially approved for PPP Loan of amount $479,390, the current approved amount is $479,390. The loan was approved on 04/09/2020 by The Franklin Savings Bank reported 112 jobs and $479,390 was used to fund payroll.

Hope association is Existing or more than 2 years old

HOPE ASSOCIATION

Date Approved

04/09/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

HOPE ASSOCIATION

Borrower Address

85 Lincoln Ave

Borrower City

RUMFORD

Borrower State

ME

Borrower Zip

04276-1844

Loan Status Date

12/15/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

479390.00

Current Approval Amount

479390.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29665

Servicing Lender Name

Franklin Savings Bank

Servicing Lender Address

197 Main St

Servicing Lender City

FARMINGTON

Servicing Lender State

ME

Servicing Lender Zip

04938-5808

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RUMFORD

Project County Name

OXFORD

Project State

ME

Project Zip

04276-1844

CD

ME-02

Jobs Reported

112

NAICS Code

623210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

479390.00

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

29665

Originating Lender

Franklin Savings Bank

Originating Lender City

FARMINGTON

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

481986.70

Forgiveness Date

11/03/2020

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