PPP Loan information for Downeast trading co., inc.

$52,100

Downeast trading co., inc. was initially approved for PPP Loan of amount $52,100, the current approved amount is $52,100. The loan was approved on 04/27/2020 by The Live Oak Banking Company reported 5 jobs and $52,100 was used to fund payroll.

Downeast trading co., inc. is Existing or more than 2 years old

DOWNEAST TRADING CO., INC.

Date Approved

04/27/2020

SBA Office Code

0150

Processing Method

PPP

Borrower Name

DOWNEAST TRADING CO., INC.

Borrower Address

86 Main St

Borrower City

Middlebury

Borrower State

VT

Borrower Zip

05753

Loan Status Date

08/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

52100.00

Current Approval Amount

52100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

455644

Servicing Lender Name

Live Oak Banking Company

Servicing Lender Address

1741 Tiburon Dr

Servicing Lender City

WILMINGTON

Servicing Lender State

NC

Servicing Lender Zip

28403-6244

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Middlebury

Project County Name

ADDISON

Project State

VT

Project Zip

05753-0001

CD

VT-

Jobs Reported

5

NAICS Code

423940

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

52100.00

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

455644

Originating Lender

Live Oak Banking Company

Originating Lender City

WILMINGTON

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

52740.90

Forgiveness Date

07/28/2021

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