PPP Loan information for Automotive distributors inc

$29,500

Automotive distributors inc was initially approved for PPP Loan of amount $29,500, the current approved amount is $29,500. The loan was approved on 04/03/2020 by The Katahdin Trust Co. reported 4 jobs and $29,500 was used to fund payroll.

Automotive distributors inc is Existing or more than 2 years old

PPP Loan Search / ME / HAMPDEN / Automotive distributors inc

AUTOMOTIVE DISTRIBUTORS INC

Date Approved

04/03/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

AUTOMOTIVE DISTRIBUTORS INC

Borrower Address

PO BOX

Borrower City

HAMPDEN

Borrower State

ME

Borrower Zip

04444-0699

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

29500.00

Current Approval Amount

29500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29770

Servicing Lender Name

Katahdin Trust Co.

Servicing Lender Address

11 Main St

Servicing Lender City

PATTEN

Servicing Lender State

ME

Servicing Lender Zip

04765-3100

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HAMPDEN

Project County Name

PENOBSCOT

Project State

ME

Project Zip

04444-0699

CD

ME-02

Jobs Reported

4

NAICS Code

424690

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3687.50

Payroll Proceed

22125.00

Mortgage Interest Proceed

3687.50

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

29770

Originating Lender

Katahdin Trust Co.

Originating Lender City

PATTEN

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

29713.88

Forgiveness Date

12/31/2020

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