PPP Loan information for Branches, llc

$504,700

Branches, llc was initially approved for PPP Loan of amount $504,700, the current approved amount is $504,700. The loan was approved on 04/13/2020 by The Bangor Savings Bank reported 127 jobs and $504,700 was used to fund payroll.

Branches, llc is Existing or more than 2 years old

BRANCHES, LLC

Date Approved

04/13/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

BRANCHES, LLC

Borrower Address

44 Center Street

Borrower City

BANGOR

Borrower State

ME

Borrower Zip

04401-5001

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

504700.00

Current Approval Amount

504700.00

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

BANGOR

Project County Name

PENOBSCOT

Project State

ME

Project Zip

04401-5001

CD

ME-02

Jobs Reported

127

NAICS Code

623210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

504700.00

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

Limited Liability Company(LLC)

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

509480.63

Forgiveness Date

03/31/2021

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