Date Approved
04/30/2020
SBA Office Code
0172
Processing Method
PPP
Borrower Name
MICHAEL E WELCH SR
Borrower Address
386 BANGOR RD
Borrower City
ELLSWORTH
Borrower State
ME
Borrower Zip
04605
Loan Status Date
07/14/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
3873.95
Current Approval Amount
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
Servicing Lender Zip
04938-5808
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Unanswered
Project City
Project County Name
HANCOCK
Project State
Project Zip
04605-0001
CD
ME-02
Jobs Reported
1
NAICS Code
238350
Race
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Sole Proprietorship
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
3916.03
Forgiveness Date
06/03/2021