PPP Loan information for Loop design

$15,000

Loop design was initially approved for PPP Loan of amount $15,000, the current approved amount is $15,000. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 1 jobs and $15,000 was used to fund payroll.

Loop design is New Business or 2 years or less

PPP Loan Search / ME / CAPE ELIZABETH / Loop design

LOOP DESIGN

Date Approved

05/01/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

LOOP DESIGN

Borrower Address

82 OAKHURST RD

Borrower City

CAPE ELIZABETH

Borrower State

ME

Borrower Zip

04107-1422

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

15000.00

Current Approval Amount

15000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

CAPE ELIZABETH

Project County Name

CUMBERLAND

Project State

ME

Project Zip

04107-1422

CD

ME-01

Jobs Reported

1

NAICS Code

541990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

15000.00

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

Sole Proprietorship

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

14088.99

Forgiveness Date

12/23/2020

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