PPP Loan information for Folsom electric inc

$64,600

Folsom electric inc was initially approved for PPP Loan of amount $64,600, the current approved amount is $64,600. The loan was approved on 04/05/2020 by The Bangor Savings Bank reported 6 jobs and $64,600 was used to fund payroll.

Folsom electric inc is Existing or more than 2 years old

PPP Loan Search / ME / SCARBOROUGH / Folsom electric inc

FOLSOM ELECTRIC INC

Date Approved

04/05/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

FOLSOM ELECTRIC INC

Borrower Address

FOLSOM ELECTRIC INC

Borrower City

SCARBOROUGH

Borrower State

ME

Borrower Zip

04074

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

64600.00

Current Approval Amount

64600.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SCARBOROUGH

Project County Name

CUMBERLAND

Project State

ME

Project Zip

04074-1000

CD

ME-01

Jobs Reported

6

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

64600.00

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

29389

Originating Lender

Bangor Savings Bank

Originating Lender City

BANGOR

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

65213.70

Forgiveness Date

03/18/2021

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