PPP Loan information for Friendship motor inn inc.

$141,502

Friendship motor inn inc. was initially approved for PPP Loan of amount $141,502, the current approved amount is $141,502. The loan was approved on 01/31/2021 by The Saco & Biddeford Savings Institution reported 30 jobs and $141,502 was used to fund payroll.

Friendship motor inn inc. is Existing or more than 2 years old

FRIENDSHIP MOTOR INN INC.

Date Approved

01/31/2021

SBA Office Code

0172

Processing Method

PPS

Borrower Name

FRIENDSHIP MOTOR INN INC.

Borrower Address

167 E Grand Ave

Borrower City

Old Orchard Beach

Borrower State

ME

Borrower Zip

04064-3009

Loan Status Date

09/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

141502.00

Current Approval Amount

141502.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29883

Servicing Lender Name

Saco & Biddeford Savings Institution

Servicing Lender Address

252 Main St

Servicing Lender City

SACO

Servicing Lender State

ME

Servicing Lender Zip

04072-1511

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Old Orchard Beach

Project County Name

YORK

Project State

ME

Project Zip

04064-3009

CD

ME-01

Jobs Reported

30

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

141502.00

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

29883

Originating Lender

Saco & Biddeford Savings Institution

Originating Lender City

SACO

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

142296.74

Forgiveness Date

08/25/2021

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