PPP Loan information for Avesta housing development corporation

$622,075

Avesta housing development corporation was initially approved for PPP Loan of amount $622,075, the current approved amount is $622,075. The loan was approved on 04/05/2020 by The Gorham Savings Bank reported 36 jobs and $622,075 was used to fund payroll.

Avesta housing development corporation is Existing or more than 2 years old

PPP Loan Search / ME / PORTLAND / Avesta housing development corporation

AVESTA HOUSING DEVELOPMENT CORPORATION

Date Approved

04/05/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

AVESTA HOUSING DEVELOPMENT CORPORATION

Borrower Address

307 Cumberland Avenue

Borrower City

PORTLAND

Borrower State

ME

Borrower Zip

04101-4920

Loan Status Date

04/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

622075.00

Current Approval Amount

622075.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PORTLAND

Project County Name

CUMBERLAND

Project State

ME

Project Zip

04101-4920

CD

ME-01

Jobs Reported

36

NAICS Code

236115

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

622075.00

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

29691

Originating Lender

Gorham Savings Bank

Originating Lender City

GORHAM

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

627777.35

Forgiveness Date

03/10/2021

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