PPP Loan information for Eastern maine development corporation

$368,900

Eastern maine development corporation was initially approved for PPP Loan of amount $368,900, the current approved amount is $368,900. The loan was approved on 04/10/2020 by The Bangor Savings Bank reported 39 jobs and $368,900 was used to fund payroll.

Eastern maine development corporation is Existing or more than 2 years old

EASTERN MAINE DEVELOPMENT CORPORATION

Date Approved

04/10/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

EASTERN MAINE DEVELOPMENT CORPORATION

Borrower Address

40 Harlow Street

Borrower City

BANGOR

Borrower State

ME

Borrower Zip

04401-4930

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

368900.00

Current Approval Amount

368900.00

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

04401-4930

CD

ME-02

Jobs Reported

39

NAICS Code

926110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

368900.00

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

Non-Profit Organization

Originating Lender Location Id

29389

Originating Lender

Bangor Savings Bank

Originating Lender City

BANGOR

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

361003.55

Forgiveness Date

11/19/2020

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