PPP Loan information for Midcoast electric inc.

$45,900

Midcoast electric inc. was initially approved for PPP Loan of amount $45,900, the current approved amount is $45,900. The loan was approved on 04/08/2020 by The Bath Savings Institution reported 6 jobs and $45,900 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

04/08/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

MIDCOAST ELECTRIC INC.

Borrower Address

99 Commercial St

Borrower City

BATH

Borrower State

ME

Borrower Zip

04530-2505

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

45900.00

Current Approval Amount

45900.00

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

04530-2505

CD

ME-01

Jobs Reported

6

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

45900.00

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

40098.95

Forgiveness Date

10/15/2020

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