PPP Loan information for Labbe excavating, inc.

$229,800

Labbe excavating, inc. was initially approved for PPP Loan of amount $229,800, the current approved amount is $229,800. The loan was approved on 04/13/2020 by The Maine Community Bank reported 15 jobs and $229,800 was used to fund payroll.

Labbe excavating, inc. is Existing or more than 2 years old

PPP Loan Search / ME / Arundel / Labbe excavating, inc.

LABBE EXCAVATING, INC.

Date Approved

04/13/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

LABBE EXCAVATING, INC.

Borrower Address

6 Drews Mill Rd

Borrower City

Arundel

Borrower State

ME

Borrower Zip

04046

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

229800.00

Current Approval Amount

229800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29614

Servicing Lender Name

Maine Community Bank

Servicing Lender Address

254 Main St

Servicing Lender City

BIDDEFORD

Servicing Lender State

ME

Servicing Lender Zip

04005-2400

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Arundel

Project County Name

YORK

Project State

ME

Project Zip

04046-0001

CD

ME-01

Jobs Reported

15

NAICS Code

238910

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

600.00

Payroll Proceed

223200.00

Mortgage Interest Proceed

0.00

Rent Proceed

6000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

29614

Originating Lender

Maine Community Bank

Originating Lender City

BIDDEFORD

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

231159.65

Forgiveness Date

11/23/2020

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