PPP Loan information for Shains inc

$97,500

Shains inc was initially approved for PPP Loan of amount $97,500, the current approved amount is $97,500. The loan was approved on 04/04/2020 by The Kennebunk Savings Bank reported 24 jobs and $97,500 was used to fund payroll.

Shains inc is Existing or more than 2 years old

SHAINS INC

Date Approved

04/04/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

SHAINS INC

Borrower Address

1491 Main Street

Borrower City

SANFORD

Borrower State

ME

Borrower Zip

04073-2460

Loan Status Date

04/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

97500.00

Current Approval Amount

97500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29702

Servicing Lender Name

Kennebunk Savings Bank

Servicing Lender Address

104 Main St

Servicing Lender City

KENNEBUNK

Servicing Lender State

ME

Servicing Lender Zip

04043-7023

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SANFORD

Project County Name

YORK

Project State

ME

Project Zip

04073-2460

CD

ME-01

Jobs Reported

24

NAICS Code

311511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

97500.00

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

Subchapter S Corporation

Originating Lender Location Id

29702

Originating Lender

Kennebunk Savings Bank

Originating Lender City

KENNEBUNK

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

98391.04

Forgiveness Date

03/08/2021

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