PPP Loan information for Regional electric, llc

$237,500

Regional electric, llc was initially approved for PPP Loan of amount $237,500, the current approved amount is $237,500. The loan was approved on 04/05/2020 by The Norway Savings Bank reported 20 jobs and $237,500 was used to fund payroll.

Regional electric, llc is Existing or more than 2 years old

PPP Loan Search / ME / LEWISTON / Regional electric, llc

REGIONAL ELECTRIC, LLC

Date Approved

04/05/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

REGIONAL ELECTRIC, LLC

Borrower Address

2085 LISBON RD Ste 7

Borrower City

LEWISTON

Borrower State

ME

Borrower Zip

04240-1311

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

237500.00

Current Approval Amount

237500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29763

Servicing Lender Name

Norway Savings Bank

Servicing Lender Address

261 Main St

Servicing Lender City

NORWAY

Servicing Lender State

ME

Servicing Lender Zip

04268-5915

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LEWISTON

Project County Name

ANDROSCOGGIN

Project State

ME

Project Zip

04240-1311

CD

ME-02

Jobs Reported

20

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

237500.00

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

29763

Originating Lender

Norway Savings Bank

Originating Lender City

NORWAY

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

239263.36

Forgiveness Date

01/12/2021

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