PPP Loan information for Morrison center

$1,874,070

Morrison center was initially approved for PPP Loan of amount $1,874,070, the current approved amount is $1,874,070. The loan was approved on 04/07/2020 by The Machias Savings Bank reported 244 jobs and $1,874,070 was used to fund payroll.

Morrison center is Existing or more than 2 years old

MORRISON CENTER

Date Approved

04/07/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

MORRISON CENTER

Borrower Address

60 Chamberlain Road

Borrower City

SCARBOROUGH

Borrower State

ME

Borrower Zip

04074-9192

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1874070.00

Current Approval Amount

1874070.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29760

Servicing Lender Name

Machias Savings Bank

Servicing Lender Address

4 Center St

Servicing Lender City

MACHIAS

Servicing Lender State

ME

Servicing Lender Zip

04654-1110

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SCARBOROUGH

Project County Name

CUMBERLAND

Project State

ME

Project Zip

04074-9192

CD

ME-01

Jobs Reported

244

NAICS Code

621340

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1874070.00

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

Non-Profit Organization

Originating Lender Location Id

29760

Originating Lender

Machias Savings Bank

Originating Lender City

MACHIAS

Originating Lender State

ME

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1890988.69

Forgiveness Date

03/05/2021

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