PPP Loan information for 517 main street associates

$90,004

517 main street associates was initially approved for PPP Loan of amount $90,004, the current approved amount is $90,004. The loan was approved on 03/12/2021 by The Saco & Biddeford Savings Institution reported 17 jobs and $90,004 was used to fund payroll.

517 main street associates is Existing or more than 2 years old

517 MAIN STREET ASSOCIATES

Date Approved

03/12/2021

SBA Office Code

0172

Processing Method

PPS

Borrower Name

517 MAIN STREET ASSOCIATES

Borrower Address

517 Main St

Borrower City

Saco

Borrower State

ME

Borrower Zip

04072-1564

Loan Status Date

09/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

90003.80

Current Approval Amount

90003.80

Undisbursed Amount

0.00

Franchise Name

Dairy Queen Operating Agreement

Servicing Lender Location Id

29883

Servicing Lender Name

Saco & Biddeford Savings Institution

Servicing Lender Address

252 Main St

Servicing Lender City

SACO

Servicing Lender State

ME

Servicing Lender Zip

04072-1511

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Saco

Project County Name

YORK

Project State

ME

Project Zip

04072-1564

CD

ME-01

Jobs Reported

17

NAICS Code

722515

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

90002.80

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

Subchapter S Corporation

Originating Lender Location Id

29883

Originating Lender

Saco & Biddeford Savings Institution

Originating Lender City

SACO

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

90418.06

Forgiveness Date

09/01/2021

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