PPP Loan information for Artel, inc.

$1,294,765

Artel, inc. was initially approved for PPP Loan of amount $1,294,765, the current approved amount is $1,294,765. The loan was approved on 04/09/2020 by The TD Bank, National Association reported 71 jobs and $1,294,765 was used to fund payroll.

Artel, inc. is Existing or more than 2 years old

ARTEL, INC.

Date Approved

04/09/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

ARTEL, INC.

Borrower Address

25 BRADLEY DR

Borrower City

WESTBROOK

Borrower State

ME

Borrower Zip

04092-2013

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1294765.00

Current Approval Amount

1294765.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29805

Servicing Lender Name

TD Bank, National Association

Servicing Lender Address

2035 Limestone Rd

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19808-5529

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WESTBROOK

Project County Name

CUMBERLAND

Project State

ME

Project Zip

04092-2013

CD

ME-01

Jobs Reported

71

NAICS Code

334516

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1294765.00

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

29805

Originating Lender

TD Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1303576.60

Forgiveness Date

12/17/2020

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