PPP Loan information for Lorraine construction

$75,000

Lorraine construction was initially approved for PPP Loan of amount $75,000, the current approved amount is $75,000. The loan was approved on 04/08/2020 by The Bangor Savings Bank reported 7 jobs and $75,000 was used to fund payroll.

Lorraine construction is Existing or more than 2 years old

LORRAINE CONSTRUCTION

Date Approved

04/08/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

LORRAINE CONSTRUCTION

Borrower Address

270 West Street

Borrower City

ROCKPORT

Borrower State

ME

Borrower Zip

04856-5703

Loan Status Date

11/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

75000.00

Current Approval Amount

75000.00

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

ROCKPORT

Project County Name

KNOX

Project State

ME

Project Zip

04856-5703

CD

ME-01

Jobs Reported

7

NAICS Code

236118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

75000.00

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

75358.33

Forgiveness Date

10/13/2020

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