PPP Loan information for The red onion inc

$54,410

The red onion inc was initially approved for PPP Loan of amount $54,410, the current approved amount is $54,410. The loan was approved on 04/08/2020 by The Franklin Savings Bank reported 15 jobs and $54,410 was used to fund payroll.

The red onion inc is Existing or more than 2 years old

THE RED ONION INC

Date Approved

04/08/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

THE RED ONION INC

Borrower Address

2511 MAIN ST

Borrower City

RANGELEY

Borrower State

ME

Borrower Zip

04970-4102

Loan Status Date

06/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

54410.00

Current Approval Amount

54410.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RANGELEY

Project County Name

FRANKLIN

Project State

ME

Project Zip

04970-4102

CD

ME-02

Jobs Reported

15

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

54410.00

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

29665

Originating Lender

Franklin Savings Bank

Originating Lender City

FARMINGTON

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

54991.88

Forgiveness Date

05/05/2021

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