PPP Loan information for Avesta housing management corporation

$958,278

Avesta housing management corporation was initially approved for PPP Loan of amount $958,278, the current approved amount is $958,278. The loan was approved on 04/05/2020 by The Gorham Savings Bank reported 83 jobs and $958,278 was used to fund payroll.

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

AVESTA HOUSING MANAGEMENT CORPORATION

Date Approved

04/05/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

AVESTA HOUSING MANAGEMENT CORPORATION

Borrower Address

307 Cumberland Avenue

Borrower City

PORTLAND

Borrower State

ME

Borrower Zip

04101-4920

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

958277.50

Current Approval Amount

958277.50

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

83

NAICS Code

531110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

958277.50

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

963681.12

Forgiveness Date

11/12/2020

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