PPP Loan information for Babineau logging inc

$40,275

Babineau logging inc was initially approved for PPP Loan of amount $40,275, the current approved amount is $40,275. The loan was approved on 07/24/2020 by The Lincoln Maine FCU reported 4 jobs and $40,275 was used to fund payroll.

Babineau logging inc is Existing or more than 2 years old

BABINEAU LOGGING INC

Date Approved

07/24/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

BABINEAU LOGGING INC

Borrower Address

957 MAIN ROAD

Borrower City

WEST ENFIELD

Borrower State

ME

Borrower Zip

04493-4403

Loan Status Date

04/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

40275.00

Current Approval Amount

40275.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

97922

Servicing Lender Name

Lincoln Maine FCU

Servicing Lender Address

171 W Broadway

Servicing Lender City

LINCOLN

Servicing Lender State

ME

Servicing Lender Zip

04457-4000

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEST ENFIELD

Project County Name

PENOBSCOT

Project State

ME

Project Zip

04493-4403

CD

ME-02

Jobs Reported

4

NAICS Code

113310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

40275.00

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

97922

Originating Lender

Lincoln Maine FCU

Originating Lender City

LINCOLN

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

40394.71

Forgiveness Date

11/19/2020

;