PPP Loan information for Right way auto

$179,975

Right way auto was initially approved for PPP Loan of amount $179,975, the current approved amount is $179,975. The loan was approved on 01/29/2021 by The Machias Savings Bank reported 17 jobs and $179,975 was used to fund payroll.

Right way auto is Existing or more than 2 years old

PPP Loan Search / ME / Bangor / Right way auto

RIGHT WAY AUTO

Date Approved

01/29/2021

SBA Office Code

0172

Processing Method

PPS

Borrower Name

RIGHT WAY AUTO

Borrower Address

44 Griffin Rd

Borrower City

Bangor

Borrower State

ME

Borrower Zip

04401-2923

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

179975.00

Current Approval Amount

179975.00

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

Bangor

Project County Name

PENOBSCOT

Project State

ME

Project Zip

04401-2923

CD

ME-02

Jobs Reported

17

NAICS Code

441120

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

179969.00

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

29760

Originating Lender

Machias Savings Bank

Originating Lender City

MACHIAS

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

180889.87

Forgiveness Date

08/11/2021

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