PPP Loan information for The downtown press

$35,929

The downtown press was initially approved for PPP Loan of amount $35,929, the current approved amount is $35,929. The loan was approved on 05/11/2020 by The Franklin Savings Bank reported 7 jobs and $35,929 was used to fund payroll.

The downtown press is New Business or 2 years or less

THE DOWNTOWN PRESS

Date Approved

05/11/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

THE DOWNTOWN PRESS

Borrower Address

112 MARCEAU CT STE 1A

Borrower City

FARMINGTON

Borrower State

ME

Borrower Zip

04938-1943

Loan Status Date

01/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

35929.25

Current Approval Amount

35929.25

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29665

Servicing Lender Name

Franklin Savings Bank

Servicing Lender Address

197 Main St

Servicing Lender City

FARMINGTON

Servicing Lender State

ME

Servicing Lender Zip

04938-5808

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

FARMINGTON

Project County Name

FRANKLIN

Project State

ME

Project Zip

04938-1943

CD

ME-02

Jobs Reported

7

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

35929.25

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

29665

Originating Lender

Franklin Savings Bank

Originating Lender City

FARMINGTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

36144.83

Forgiveness Date

12/17/2020

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