PPP Loan information for 116 industries llc

$176,600

116 industries llc was initially approved for PPP Loan of amount $176,600, the current approved amount is $176,600. The loan was approved on 04/06/2020 by The Kennebec Savings Bank reported 16 jobs and $176,600 was used to fund payroll.

116 industries llc is Existing or more than 2 years old

116 INDUSTRIES LLC

Date Approved

04/06/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

116 INDUSTRIES LLC

Borrower Address

17 Lakeview Drive

Borrower City

Readfield

Borrower State

ME

Borrower Zip

04355-3564

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

176600.00

Current Approval Amount

176600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29386

Servicing Lender Name

Kennebec Savings Bank

Servicing Lender Address

150 State St

Servicing Lender City

AUGUSTA

Servicing Lender State

ME

Servicing Lender Zip

04330-7418

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Readfield

Project County Name

KENNEBEC

Project State

ME

Project Zip

04355-3564

CD

ME-02

Jobs Reported

16

NAICS Code

237130

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

176600.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

29386

Originating Lender

Kennebec Savings Bank

Originating Lender City

AUGUSTA

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

177654.76

Forgiveness Date

11/20/2020

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