PPP Loan information for Flanders electric, inc.

$307,165

Flanders electric, inc. was initially approved for PPP Loan of amount $307,165, the current approved amount is $307,165. The loan was approved on 04/07/2020 by The Norway Savings Bank reported 17 jobs and $307,165 was used to fund payroll.

Flanders electric, inc. is Existing or more than 2 years old

PPP Loan Search / ME / NORWAY / Flanders electric, inc.

FLANDERS ELECTRIC, INC.

Date Approved

04/07/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

FLANDERS ELECTRIC, INC.

Borrower Address

50 Beal St

Borrower City

NORWAY

Borrower State

ME

Borrower Zip

04268-5731

Loan Status Date

06/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

307165.00

Current Approval Amount

307165.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29763

Servicing Lender Name

Norway Savings Bank

Servicing Lender Address

261 Main St

Servicing Lender City

NORWAY

Servicing Lender State

ME

Servicing Lender Zip

04268-5915

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NORWAY

Project County Name

OXFORD

Project State

ME

Project Zip

04268-5731

CD

ME-02

Jobs Reported

17

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

307165.00

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

Subchapter S Corporation

Originating Lender Location Id

29763

Originating Lender

Norway Savings Bank

Originating Lender City

NORWAY

Originating Lender State

ME

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

310505.95

Forgiveness Date

05/20/2021

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