PPP Loan information for Ronald lachance

$160,000

Ronald lachance was initially approved for PPP Loan of amount $160,000, the current approved amount is $160,000. The loan was approved on 03/28/2021 by The Saco & Biddeford Savings Institution reported 30 jobs and $160,000 was used to fund payroll.

Ronald lachance is Existing or more than 2 years old

PPP Loan Search / ME / Old Orchard Beach / Ronald lachance

RONALD LACHANCE

Date Approved

03/28/2021

SBA Office Code

0172

Processing Method

PPS

Borrower Name

RONALD LACHANCE

Borrower Address

12B Old Orchard St

Borrower City

Old Orchard Beach

Borrower State

ME

Borrower Zip

04064-2224

Loan Status Date

07/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

160000.00

Current Approval Amount

160000.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Old Orchard Beach

Project County Name

YORK

Project State

ME

Project Zip

04064-2224

CD

ME-01

Jobs Reported

30

NAICS Code

722410

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

159997.00

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

Sole Proprietorship

Originating Lender Location Id

29883

Originating Lender

Saco & Biddeford Savings Institution

Originating Lender City

SACO

Originating Lender State

ME

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

161893.70

Forgiveness Date

06/08/2022

;