PPP Loan information for Black bear inn and conference center

$152,500

Black bear inn and conference center was initially approved for PPP Loan of amount $152,500, the current approved amount is $152,500. The loan was approved on 04/04/2020 by The Katahdin Trust Co. reported 14 jobs and $152,500 was used to fund payroll.

Black bear inn and conference center is Existing or more than 2 years old

BLACK BEAR INN AND CONFERENCE CENTER

Date Approved

04/04/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

BLACK BEAR INN AND CONFERENCE CENTER

Borrower Address

4 GODFREY DR

Borrower City

ORONO

Borrower State

ME

Borrower Zip

04473-3610

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

152500.00

Current Approval Amount

152500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29770

Servicing Lender Name

Katahdin Trust Co.

Servicing Lender Address

11 Main St

Servicing Lender City

PATTEN

Servicing Lender State

ME

Servicing Lender Zip

04765-3100

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ORONO

Project County Name

PENOBSCOT

Project State

ME

Project Zip

04473-3610

CD

ME-02

Jobs Reported

14

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

19062.50

Payroll Proceed

114375.00

Mortgage Interest Proceed

19062.50

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

29770

Originating Lender

Katahdin Trust Co.

Originating Lender City

PATTEN

Originating Lender State

ME

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

153631.04

Forgiveness Date

01/07/2021

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