PPP Loan information for Midcoast electric inc.

$32,265

Midcoast electric inc. was initially approved for PPP Loan of amount $32,265, the current approved amount is $32,265. The loan was approved on 01/21/2021 by The Bath Savings Institution reported 3 jobs and $32,265 was used to fund payroll.

Midcoast electric inc. is Existing or more than 2 years old

PPP Loan Search / ME / Bath / Midcoast electric inc.

MIDCOAST ELECTRIC INC.

Date Approved

01/21/2021

SBA Office Code

0172

Processing Method

PPS

Borrower Name

MIDCOAST ELECTRIC INC.

Borrower Address

99 Commercial St Apt 1

Borrower City

Bath

Borrower State

ME

Borrower Zip

04530-2564

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

32265.00

Current Approval Amount

32265.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29592

Servicing Lender Name

Bath Savings Institution

Servicing Lender Address

105 Front St

Servicing Lender City

BATH

Servicing Lender State

ME

Servicing Lender Zip

04530-2608

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Bath

Project County Name

SAGADAHOC

Project State

ME

Project Zip

04530-2564

CD

ME-01

Jobs Reported

3

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

32264.00

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

29592

Originating Lender

Bath Savings Institution

Originating Lender City

BATH

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

32500.14

Forgiveness Date

10/20/2021

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