PPP Loan information for Portland pump company

$352,600

Portland pump company was initially approved for PPP Loan of amount $352,600, the current approved amount is $352,600. The loan was approved on 04/05/2020 by The Gorham Savings Bank reported 25 jobs and $352,600 was used to fund payroll.

Portland pump company is Existing or more than 2 years old

PORTLAND PUMP COMPANY

Date Approved

04/05/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

PORTLAND PUMP COMPANY

Borrower Address

11 Border Road

Borrower City

SCARBOROUGH

Borrower State

ME

Borrower Zip

04074-9687

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

59

SBA Guaranty Percentage

100

Initial Approval Amount

352600.00

Current Approval Amount

352600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29691

Servicing Lender Name

Gorham Savings Bank

Servicing Lender Address

64 Main St

Servicing Lender City

GORHAM

Servicing Lender State

ME

Servicing Lender Zip

04038-1304

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

04074-9687

CD

ME-01

Jobs Reported

25

NAICS Code

238990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

352600.00

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

Corporation

Originating Lender Location Id

29691

Originating Lender

Gorham Savings Bank

Originating Lender City

GORHAM

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

354735.19

Forgiveness Date

11/19/2020

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