PPP Loan information for New application

$554,000

New application was initially approved for PPP Loan of amount $554,000, the current approved amount is $554,000. The loan was approved on 04/06/2020 by The Camden National Bank reported 45 jobs and $554,000 was used to fund payroll.

New application is Existing or more than 2 years old

NEW APPLICATION

Date Approved

04/06/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

NEW APPLICATION

Borrower Address

729 Hogan Road

Borrower City

Bangor

Borrower State

ME

Borrower Zip

04401-3625

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

554000.00

Current Approval Amount

554000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29633

Servicing Lender Name

Camden National Bank

Servicing Lender Address

2 Elm St

Servicing Lender City

CAMDEN

Servicing Lender State

ME

Servicing Lender Zip

04843-1947

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bangor

Project County Name

PENOBSCOT

Project State

ME

Project Zip

04401-3625

CD

ME-02

Jobs Reported

45

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

554000.00

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

29633

Originating Lender

Camden National Bank

Originating Lender City

CAMDEN

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

561094.28

Forgiveness Date

07/15/2021

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