PPP Loan information for Macdonald motors inc

$337,283

Macdonald motors inc was initially approved for PPP Loan of amount $337,283, the current approved amount is $337,283. The loan was approved on 04/06/2020 by The Norway Savings Bank reported 25 jobs and $337,283 was used to fund payroll.

Macdonald motors inc is Existing or more than 2 years old

PPP Loan Search / ME / BRIDGTON / Macdonald motors inc

MACDONALD MOTORS INC

Date Approved

04/06/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

MACDONALD MOTORS INC

Borrower Address

456 Portland Rd Po Box 269

Borrower City

BRIDGTON

Borrower State

ME

Borrower Zip

04009-4228

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

337282.50

Current Approval Amount

337282.50

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

BRIDGTON

Project County Name

CUMBERLAND

Project State

ME

Project Zip

04009-4228

CD

ME-01

Jobs Reported

25

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

337282.50

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

340063.93

Forgiveness Date

02/12/2021

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