PPP Loan information for Timber down logging inc.

$93,900

Timber down logging inc. was initially approved for PPP Loan of amount $93,900, the current approved amount is $93,900. The loan was approved on 03/13/2021 by The Acadia FCU reported 10 jobs and $93,900 was used to fund payroll.

Timber down logging inc. is Existing or more than 2 years old

TIMBER DOWN LOGGING INC.

Date Approved

03/13/2021

SBA Office Code

0172

Processing Method

PPS

Borrower Name

TIMBER DOWN LOGGING INC.

Borrower Address

70 Highland Ave

Borrower City

Fort Kent

Borrower State

ME

Borrower Zip

04743-1432

Loan Status Date

01/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

93900.00

Current Approval Amount

93900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

97901

Servicing Lender Name

Acadia FCU

Servicing Lender Address

9 E Main St

Servicing Lender City

FORT KENT

Servicing Lender State

ME

Servicing Lender Zip

04743-1306

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fort Kent

Project County Name

AROOSTOOK

Project State

ME

Project Zip

04743-1432

CD

ME-02

Jobs Reported

10

NAICS Code

113310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

93894.00

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

97901

Originating Lender

Acadia FCU

Originating Lender City

FORT KENT

Originating Lender State

ME

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

94612.07

Forgiveness Date

12/20/2021

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