PPP Loan information for Sarakem corporation

$72,400

Sarakem corporation was initially approved for PPP Loan of amount $72,400, the current approved amount is $72,400. The loan was approved on 04/04/2020 by The Ledyard National Bank reported 4 jobs and $72,400 was used to fund payroll.

Sarakem corporation is Existing or more than 2 years old

SARAKEM CORPORATION

Date Approved

04/04/2020

SBA Office Code

0189

Processing Method

PPP

Borrower Name

SARAKEM CORPORATION

Borrower Address

21 LOW RD

Borrower City

HANOVER

Borrower State

NH

Borrower Zip

03755-2206

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

72400.00

Current Approval Amount

72400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117112

Servicing Lender Name

Ledyard National Bank

Servicing Lender Address

320 Main St

Servicing Lender City

NORWICH

Servicing Lender State

VT

Servicing Lender Zip

05055-4418

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HANOVER

Project County Name

GRAFTON

Project State

NH

Project Zip

03755-2206

CD

NH-02

Jobs Reported

4

NAICS Code

562211

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

72400.00

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

117112

Originating Lender

Ledyard National Bank

Originating Lender City

NORWICH

Originating Lender State

VT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

72929.61

Forgiveness Date

01/06/2021

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