PPP Loan information for Merchant electric llc

$46,000

Merchant electric llc was initially approved for PPP Loan of amount $46,000, the current approved amount is $46,000. The loan was approved on 04/08/2020 by The Gorham Savings Bank reported 7 jobs and $46,000 was used to fund payroll.

Merchant electric llc is Existing or more than 2 years old

PPP Loan Search / ME / WINDHAM / Merchant electric llc

MERCHANT ELECTRIC LLC

Date Approved

04/08/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

MERCHANT ELECTRIC LLC

Borrower Address

6 Sabbady Point Rd

Borrower City

WINDHAM

Borrower State

ME

Borrower Zip

04062-5508

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

46000.00

Current Approval Amount

46000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29691

Servicing Lender Name

Gorham Savings Bank

Servicing Lender Address

64 Main St

Servicing Lender City

GORHAM

Servicing Lender State

ME

Servicing Lender Zip

04038-1304

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WINDHAM

Project County Name

CUMBERLAND

Project State

ME

Project Zip

04062-5508

CD

ME-01

Jobs Reported

7

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

46000.00

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

Corporation

Originating Lender Location Id

29691

Originating Lender

Gorham Savings Bank

Originating Lender City

GORHAM

Originating Lender State

ME

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

46328.39

Forgiveness Date

12/30/2020

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