PPP Loan information for Southern ratio

$292,300

Southern ratio was initially approved for PPP Loan of amount $292,300, the current approved amount is $292,300. The loan was approved on 04/06/2020 by The Bangor Savings Bank reported 36 jobs and $292,300 was used to fund payroll.

Southern ratio is Existing or more than 2 years old

PPP Loan Search / ME / SOUTH PORTLAND / Southern ratio

SOUTHERN RATIO

Date Approved

04/06/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

SOUTHERN RATIO

Borrower Address

416 PREBLE ST

Borrower City

SOUTH PORTLAND

Borrower State

ME

Borrower Zip

04106-3020

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

292300.00

Current Approval Amount

292300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29389

Servicing Lender Name

Bangor Savings Bank

Servicing Lender Address

24 Hamlin Way

Servicing Lender City

BANGOR

Servicing Lender State

ME

Servicing Lender Zip

04401-6497

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOUTH PORTLAND

Project County Name

CUMBERLAND

Project State

ME

Project Zip

04106-3020

CD

ME-01

Jobs Reported

36

NAICS Code

311812

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

292300.00

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

29389

Originating Lender

Bangor Savings Bank

Originating Lender City

BANGOR

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

295750.76

Forgiveness Date

06/10/2021

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