PPP Loan information for Acadia area restaurant group holdings

$330,638

Acadia area restaurant group holdings was initially approved for PPP Loan of amount $250,000, the current approved amount is $330,638. The loan was approved on 04/13/2020 by The Machias Savings Bank reported 25 jobs and $330,638 was used to fund payroll.

Acadia area restaurant group holdings is Existing or more than 2 years old

ACADIA AREA RESTAURANT GROUP HOLDINGS

Date Approved

04/13/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

ACADIA AREA RESTAURANT GROUP HOLDINGS

Borrower Address

396 High St PO Box 1016

Borrower City

ELLSWORTH

Borrower State

ME

Borrower Zip

04605-2508

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

250000.00

Current Approval Amount

330638.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29760

Servicing Lender Name

Machias Savings Bank

Servicing Lender Address

4 Center St

Servicing Lender City

MACHIAS

Servicing Lender State

ME

Servicing Lender Zip

04654-1110

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELLSWORTH

Project County Name

HANCOCK

Project State

ME

Project Zip

04605-2508

CD

ME-02

Jobs Reported

25

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

330638.00

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

29760

Originating Lender

Machias Savings Bank

Originating Lender City

MACHIAS

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

333172.89

Forgiveness Date

01/25/2021

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