PPP Loan information for Welch electric

$26,800

Welch electric was initially approved for PPP Loan of amount $26,800, the current approved amount is $26,800. The loan was approved on 04/28/2020 by The Gorham Savings Bank reported 2 jobs and $26,800 was used to fund payroll.

Welch electric is Existing or more than 2 years old

PPP Loan Search / ME / FALMOUTH / Welch electric

WELCH ELECTRIC

Date Approved

04/28/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

WELCH ELECTRIC

Borrower Address

5 Hayden Way

Borrower City

FALMOUTH

Borrower State

ME

Borrower Zip

04105

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

26800.00

Current Approval Amount

26800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29691

Servicing Lender Name

Gorham Savings Bank

Servicing Lender Address

64 Main St

Servicing Lender City

GORHAM

Servicing Lender State

ME

Servicing Lender Zip

04038-1304

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FALMOUTH

Project County Name

CUMBERLAND

Project State

ME

Project Zip

04105-0001

CD

ME-01

Jobs Reported

2

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

26800.00

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

29691

Originating Lender

Gorham Savings Bank

Originating Lender City

GORHAM

Originating Lender State

ME

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

26999.51

Forgiveness Date

01/28/2021

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