PPP Loan information for Border electric, inc.

$299,000

Border electric, inc. was initially approved for PPP Loan of amount $299,000, the current approved amount is $299,000. The loan was approved on 04/14/2020 by The Bangor Savings Bank reported 27 jobs and $299,000 was used to fund payroll.

Border electric, inc. is Existing or more than 2 years old

BORDER ELECTRIC, INC.

Date Approved

04/14/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

BORDER ELECTRIC, INC.

Borrower Address

337 North St

Borrower City

CALAIS

Borrower State

ME

Borrower Zip

04619

Loan Status Date

11/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

299000.00

Current Approval Amount

299000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29389

Servicing Lender Name

Bangor Savings Bank

Servicing Lender Address

24 Hamlin Way

Servicing Lender City

BANGOR

Servicing Lender State

ME

Servicing Lender Zip

04401-6497

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CALAIS

Project County Name

WASHINGTON

Project State

ME

Project Zip

04619-0001

CD

ME-02

Jobs Reported

27

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

299000.00

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

29389

Originating Lender

Bangor Savings Bank

Originating Lender City

BANGOR

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

300611.28

Forgiveness Date

11/05/2020

;