PPP Loan information for Independence association, inc.

$1,100,000

Independence association, inc. was initially approved for PPP Loan of amount $1,100,000, the current approved amount is $1,100,000. The loan was approved on 04/10/2020 by The Androscoggin Savings Bank reported 200 jobs and $1,100,000 was used to fund payroll.

Independence association, inc. is Existing or more than 2 years old

INDEPENDENCE ASSOCIATION, INC.

Date Approved

04/10/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

INDEPENDENCE ASSOCIATION, INC.

Borrower Address

3 Industrial Parkway

Borrower City

BRUNSWICK

Borrower State

ME

Borrower Zip

04011-7315

Loan Status Date

05/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1100000.00

Current Approval Amount

1100000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29743

Servicing Lender Name

Androscoggin Savings Bank

Servicing Lender Address

30 Lisbon St

Servicing Lender City

LEWISTON

Servicing Lender State

ME

Servicing Lender Zip

04240-7116

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BRUNSWICK

Project County Name

CUMBERLAND

Project State

ME

Project Zip

04011-7315

CD

ME-01

Jobs Reported

200

NAICS Code

623220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1050000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

50000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

29743

Originating Lender

Androscoggin Savings Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1110602.78

Forgiveness Date

04/01/2021

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