PPP Loan information for Learning effects inc.

$105,900

Learning effects inc. was initially approved for PPP Loan of amount $105,900, the current approved amount is $105,900. The loan was approved on 02/12/2021 by The Gorham Savings Bank reported 5 jobs and $105,900 was used to fund payroll.

Learning effects inc. is Existing or more than 2 years old

LEARNING EFFECTS INC.

Date Approved

02/12/2021

SBA Office Code

0172

Processing Method

PPS

Borrower Name

LEARNING EFFECTS INC.

Borrower Address

170 US Route 1 Ste 160

Borrower City

Falmouth

Borrower State

ME

Borrower Zip

04105-2168

Loan Status Date

11/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

105900.00

Current Approval Amount

105900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29691

Servicing Lender Name

Gorham Savings Bank

Servicing Lender Address

64 Main St

Servicing Lender City

GORHAM

Servicing Lender State

ME

Servicing Lender Zip

04038-1304

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Falmouth

Project County Name

CUMBERLAND

Project State

ME

Project Zip

04105-2168

CD

ME-01

Jobs Reported

5

NAICS Code

541519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

105899.00

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

Corporation

Originating Lender Location Id

29691

Originating Lender

Gorham Savings Bank

Originating Lender City

GORHAM

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

106635.42

Forgiveness Date

10/26/2021

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