Date Approved
03/26/2021
SBA Office Code
0172
Processing Method
PPP
Borrower Name
MICHAEL K WELLMAN
Borrower Address
166 Airport Rd
Borrower City
Winterport
Borrower State
ME
Borrower Zip
04496-4006
Loan Status Date
01/31/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
20705.00
Current Approval Amount
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
Servicing Lender Zip
04401-6497
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
WALDO
Project State
Project Zip
CD
ME-02
Jobs Reported
4
NAICS Code
238220
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
20702.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
20821.75
Forgiveness Date
10/19/2021