PPP Loan information for Randolph area community development corporation

$67,042

Randolph area community development corporation was initially approved for PPP Loan of amount $67,042, the current approved amount is $67,042. The loan was approved on 03/10/2021 by The Bar Harbor Bank & Trust reported 15 jobs and $67,042 was used to fund payroll.

Randolph area community development corporation is Existing or more than 2 years old

RANDOLPH AREA COMMUNITY DEVELOPMENT CORPORATION

Date Approved

03/10/2021

SBA Office Code

0150

Processing Method

PPS

Borrower Name

RANDOLPH AREA COMMUNITY DEVELOPMENT CORPORATION

Borrower Address

21 N Main St

Borrower City

Randolph

Borrower State

VT

Borrower Zip

05060-1126

Loan Status Date

03/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

67042.00

Current Approval Amount

67042.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29575

Servicing Lender Name

Bar Harbor Bank & Trust

Servicing Lender Address

82 Main St

Servicing Lender City

BAR HARBOR

Servicing Lender State

ME

Servicing Lender Zip

04609-1840

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Randolph

Project County Name

ORANGE

Project State

VT

Project Zip

05060-1126

CD

VT-

Jobs Reported

15

NAICS Code

925120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

67038.00

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

29575

Originating Lender

Bar Harbor Bank & Trust

Originating Lender City

BAR HARBOR

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

67444.25

Forgiveness Date

10/19/2021

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