PPP Loan information for Watercrest condo association

$19,600

Watercrest condo association was initially approved for PPP Loan of amount $15,300, the current approved amount is $19,600. The loan was approved on 05/13/2020 by The Kennebunk Savings Bank reported 7 jobs and $19,600 was used to fund payroll.

Watercrest condo association is Existing or more than 2 years old

WATERCREST CONDO ASSOCIATION

Date Approved

05/13/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

WATERCREST CONDO ASSOCIATION

Borrower Address

1277 Post Rd P.O. Box 37

Borrower City

Wells

Borrower State

ME

Borrower Zip

04090

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

15300.00

Current Approval Amount

19600.00

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

Wells

Project County Name

YORK

Project State

ME

Project Zip

04090-0001

CD

ME-01

Jobs Reported

7

NAICS Code

813990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

19600.00

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

Non-Profit Organization

Originating Lender Location Id

29702

Originating Lender

Kennebunk Savings Bank

Originating Lender City

KENNEBUNK

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

19762.79

Forgiveness Date

03/17/2021

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