PPP Loan information for Rock city employee cooperative

$140,000

Rock city employee cooperative was initially approved for PPP Loan of amount $140,000, the current approved amount is $140,000. The loan was approved on 02/08/2021 by The Camden National Bank reported 18 jobs and $140,000 was used to fund payroll.

Rock city employee cooperative is Existing or more than 2 years old

ROCK CITY EMPLOYEE COOPERATIVE

Date Approved

02/08/2021

SBA Office Code

0172

Processing Method

PPS

Borrower Name

ROCK CITY EMPLOYEE COOPERATIVE

Borrower Address

252 Main St

Borrower City

Rockland

Borrower State

ME

Borrower Zip

04841-3306

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

140000.00

Current Approval Amount

140000.00

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

Rockland

Project County Name

KNOX

Project State

ME

Project Zip

04841-3306

CD

ME-01

Jobs Reported

18

NAICS Code

722515

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

139996.00

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

Cooperative

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

140906.11

Forgiveness Date

10/04/2021

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