PPP Loan information for Trade winds motor inn

$122,200

Trade winds motor inn was initially approved for PPP Loan of amount $122,200, the current approved amount is $122,200. The loan was approved on 04/09/2020 by The Loan Source Incorporated reported 22 jobs and $122,200 was used to fund payroll.

Trade winds motor inn is Existing or more than 2 years old

TRADE WINDS MOTOR INN

Date Approved

04/09/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

TRADE WINDS MOTOR INN

Borrower Address

2 Park Dr

Borrower City

ROCKLAND

Borrower State

ME

Borrower Zip

04841-2863

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

122200.00

Current Approval Amount

122200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

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

04841-2863

CD

ME-01

Jobs Reported

22

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

122200.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

123385.17

Forgiveness Date

04/08/2021

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