PPP Loan information for Eastland shoe corp

$489,403

Eastland shoe corp was initially approved for PPP Loan of amount $489,403, the current approved amount is $489,403. The loan was approved on 02/10/2021 by The Cambridge Savings Bank reported 32 jobs and $489,403 was used to fund payroll.

Eastland shoe corp is Existing or more than 2 years old

EASTLAND SHOE CORP

Date Approved

02/10/2021

SBA Office Code

0172

Processing Method

PPS

Borrower Name

EASTLAND SHOE CORP

Borrower Address

4 Meetinghouse Rd

Borrower City

Freeport

Borrower State

ME

Borrower Zip

04032-1129

Loan Status Date

05/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

489402.50

Current Approval Amount

489402.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32698

Servicing Lender Name

Cambridge Savings Bank

Servicing Lender Address

1374 Massachusetts Ave

Servicing Lender City

CAMBRIDGE

Servicing Lender State

MA

Servicing Lender Zip

02138-3822

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Freeport

Project County Name

CUMBERLAND

Project State

ME

Project Zip

04032-1129

CD

ME-01

Jobs Reported

32

NAICS Code

424340

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

489398.50

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

32698

Originating Lender

Cambridge Savings Bank

Originating Lender City

CAMBRIDGE

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

494953.53

Forgiveness Date

04/04/2022

;