PPP Loan information for The loft event center and music

$367,946

The loft event center and music was initially approved for PPP Loan of amount $367,946, the current approved amount is $367,946. The loan was approved on 01/20/2021 by The Bangor Savings Bank reported 40 jobs and $367,946 was used to fund payroll.

The loft event center and music is Existing or more than 2 years old

THE LOFT EVENT CENTER AND MUSIC

Date Approved

01/20/2021

SBA Office Code

0189

Processing Method

PPS

Borrower Name

THE LOFT EVENT CENTER AND MUSIC

Borrower Address

241 Union Sq

Borrower City

Milford

Borrower State

NH

Borrower Zip

03055-4268

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

367945.93

Current Approval Amount

367945.93

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29389

Servicing Lender Name

Bangor Savings Bank

Servicing Lender Address

24 Hamlin Way

Servicing Lender City

BANGOR

Servicing Lender State

ME

Servicing Lender Zip

04401-6497

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Milford

Project County Name

HILLSBOROUGH

Project State

NH

Project Zip

03055-4268

CD

NH-02

Jobs Reported

40

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

367939.93

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

29389

Originating Lender

Bangor Savings Bank

Originating Lender City

BANGOR

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

369642.57

Forgiveness Date

07/08/2021

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