PPP Loan information for Acadia area restaurant group holdings inc

$460,000

Acadia area restaurant group holdings inc was initially approved for PPP Loan of amount $460,000, the current approved amount is $460,000. The loan was approved on 02/19/2021 by The Machias Savings Bank reported 52 jobs and $460,000 was used to fund payroll.

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

PPP Loan Search / ME / Ellsworth / Acadia area restaurant group holdings inc

ACADIA AREA RESTAURANT GROUP HOLDINGS INC

Date Approved

02/19/2021

SBA Office Code

0172

Processing Method

PPS

Borrower Name

ACADIA AREA RESTAURANT GROUP HOLDINGS INC

Borrower Address

396 High St

Borrower City

Ellsworth

Borrower State

ME

Borrower Zip

04605-2508

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

459999.99

Current Approval Amount

459999.99

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

52

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

459993.99

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

462363.88

Forgiveness Date

08/27/2021

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