PPP Loan information for Elmwood condominium association

$118,000

Elmwood condominium association was initially approved for PPP Loan of amount $118,000, the current approved amount is $118,000. The loan was approved on 04/11/2020 by The Kennebunk Savings Bank reported 10 jobs and $118,000 was used to fund payroll.

Elmwood condominium association is Existing or more than 2 years old

ELMWOOD CONDOMINIUM ASSOCIATION

Date Approved

04/11/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

ELMWOOD CONDOMINIUM ASSOCIATION

Borrower Address

1351 Post Rd

Borrower City

Wells

Borrower State

ME

Borrower Zip

04090-4516

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

118000.00

Current Approval Amount

118000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29702

Servicing Lender Name

Kennebunk Savings Bank

Servicing Lender Address

104 Main St

Servicing Lender City

KENNEBUNK

Servicing Lender State

ME

Servicing Lender Zip

04043-7023

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wells

Project County Name

YORK

Project State

ME

Project Zip

04090-4516

CD

ME-01

Jobs Reported

10

NAICS Code

531311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

118000.00

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

29702

Originating Lender

Kennebunk Savings Bank

Originating Lender City

KENNEBUNK

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

119016.11

Forgiveness Date

02/25/2021

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