PPP Loan information for Northeast merchandising corp

$170,700

Northeast merchandising corp was initially approved for PPP Loan of amount $170,700, the current approved amount is $170,700. The loan was approved on 01/20/2021 by The Skowhegan Savings Bank reported 22 jobs and $170,700 was used to fund payroll.

Northeast merchandising corp is Existing or more than 2 years old

NORTHEAST MERCHANDISING CORP

Date Approved

01/20/2021

SBA Office Code

0172

Processing Method

PPS

Borrower Name

NORTHEAST MERCHANDISING CORP

Borrower Address

60 Southgate Pkwy

Borrower City

Skowhegan

Borrower State

ME

Borrower Zip

04976-4975

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

170700.00

Current Approval Amount

170700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29894

Servicing Lender Name

Skowhegan Savings Bank

Servicing Lender Address

13 Elm St

Servicing Lender City

SKOWHEGAN

Servicing Lender State

ME

Servicing Lender Zip

04976-1201

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Skowhegan

Project County Name

SOMERSET

Project State

ME

Project Zip

04976-4975

CD

ME-02

Jobs Reported

22

NAICS Code

424990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

170696.00

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

29894

Originating Lender

Skowhegan Savings Bank

Originating Lender City

SKOWHEGAN

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

171838.00

Forgiveness Date

09/27/2021

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