PPP Loan information for Town & lake motel inc.

$18,500

Town & lake motel inc. was initially approved for PPP Loan of amount $18,500, the current approved amount is $18,500. The loan was approved on 04/08/2020 by The Franklin Savings Bank reported 8 jobs and $18,500 was used to fund payroll.

Town & lake motel inc. is Existing or more than 2 years old

TOWN & LAKE MOTEL INC.

Date Approved

04/08/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

TOWN & LAKE MOTEL INC.

Borrower Address

2668 Main Street

Borrower City

RANGELEY

Borrower State

ME

Borrower Zip

04970-4114

Loan Status Date

06/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

18500.00

Current Approval Amount

18500.00

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

04970-4114

CD

ME-02

Jobs Reported

8

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

18500.00

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

18697.85

Forgiveness Date

05/05/2021

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