PPP Loan information for Dorral corporation

$328,513

Dorral corporation was initially approved for PPP Loan of amount $328,513, the current approved amount is $328,513. The loan was approved on 02/18/2021 by The Machias Savings Bank reported 35 jobs and $328,513 was used to fund payroll.

Dorral corporation is Existing or more than 2 years old

DORRAL CORPORATION

Date Approved

02/18/2021

SBA Office Code

0172

Processing Method

PPS

Borrower Name

DORRAL CORPORATION

Borrower Address

457 Wilson St

Borrower City

Brewer

Borrower State

ME

Borrower Zip

04412-1414

Loan Status Date

02/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

328512.97

Current Approval Amount

328512.97

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29760

Servicing Lender Name

Machias Savings Bank

Servicing Lender Address

4 Center St

Servicing Lender City

MACHIAS

Servicing Lender State

ME

Servicing Lender Zip

04654-1110

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Brewer

Project County Name

PENOBSCOT

Project State

ME

Project Zip

04412-1414

CD

ME-02

Jobs Reported

35

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

328506.97

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

29760

Originating Lender

Machias Savings Bank

Originating Lender City

MACHIAS

Originating Lender State

ME

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

331478.71

Forgiveness Date

01/11/2022

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