PPP Loan information for B c electric inc.

$55,700

B c electric inc. was initially approved for PPP Loan of amount $55,700, the current approved amount is $55,700. The loan was approved on 04/11/2020 by The First National Bank reported 6 jobs and $55,700 was used to fund payroll.

B c electric inc. is Existing or more than 2 years old

B C ELECTRIC INC.

Date Approved

04/11/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

B C ELECTRIC INC.

Borrower Address

PO Box 305

Borrower City

OWLS HEAD

Borrower State

ME

Borrower Zip

04854-0305

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

55700.00

Current Approval Amount

55700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29647

Servicing Lender Name

First National Bank

Servicing Lender Address

223 Main St

Servicing Lender City

DAMARISCOTTA

Servicing Lender State

ME

Servicing Lender Zip

04543-4651

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OWLS HEAD

Project County Name

KNOX

Project State

ME

Project Zip

04854-0305

CD

ME-01

Jobs Reported

6

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6962.50

Payroll Proceed

41775.00

Mortgage Interest Proceed

0.00

Rent Proceed

6962.50

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

29647

Originating Lender

First National Bank

Originating Lender City

DAMARISCOTTA

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

56230.70

Forgiveness Date

03/23/2021

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