PPP Loan information for Prescott metal

$943,200

Prescott metal was initially approved for PPP Loan of amount $943,200, the current approved amount is $943,200. The loan was approved on 04/03/2020 by The Saco & Biddeford Savings Institution reported 74 jobs and $943,200 was used to fund payroll.

Prescott metal is Existing or more than 2 years old

PRESCOTT METAL

Date Approved

04/03/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

PRESCOTT METAL

Borrower Address

18 Morin Street

Borrower City

BIDDEFORD

Borrower State

ME

Borrower Zip

04005-4413

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

943200.00

Current Approval Amount

943200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29883

Servicing Lender Name

Saco & Biddeford Savings Institution

Servicing Lender Address

252 Main St

Servicing Lender City

SACO

Servicing Lender State

ME

Servicing Lender Zip

04072-1511

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BIDDEFORD

Project County Name

YORK

Project State

ME

Project Zip

04005-4413

CD

ME-01

Jobs Reported

74

NAICS Code

332439

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

943200.00

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

29883

Originating Lender

Saco & Biddeford Savings Institution

Originating Lender City

SACO

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

948626.63

Forgiveness Date

11/12/2020

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