Date Approved
04/08/2020
SBA Office Code
0172
Processing Method
PPP
Borrower Name
THE MICHAEL PHELPS FOUNDATION
Borrower Address
7 Ocean Street 2nd Floor
Borrower City
South Portland
Borrower State
ME
Borrower Zip
04106-2800
Loan Status Date
04/16/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
24799.37
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
29763
Servicing Lender Name
Norway Savings Bank
Servicing Lender Address
261 Main St
Servicing Lender City
NORWAY
Servicing Lender State
Servicing Lender Zip
04268-5915
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
CUMBERLAND
Project State
Project Zip
CD
ME-01
Jobs Reported
3
NAICS Code
621420
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Non-Profit Organization
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Y
Forgiveness Amount
25026.30
Forgiveness Date
03/18/2021