PPP Loan information for Benchmark

$500,932

Benchmark was initially approved for PPP Loan of amount $500,932, the current approved amount is $500,932. The loan was approved on 01/30/2021 by The Machias Savings Bank reported 19 jobs and $500,932 was used to fund payroll.

Benchmark is Existing or more than 2 years old

BENCHMARK

Date Approved

01/30/2021

SBA Office Code

0172

Processing Method

PPS

Borrower Name

BENCHMARK

Borrower Address

34 Thomas Dr

Borrower City

Westbrook

Borrower State

ME

Borrower Zip

04092-3824

Loan Status Date

08/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

500931.67

Current Approval Amount

500931.67

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29760

Servicing Lender Name

Machias Savings Bank

Servicing Lender Address

4 Center St

Servicing Lender City

MACHIAS

Servicing Lender State

ME

Servicing Lender Zip

04654-1110

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Westbrook

Project County Name

CUMBERLAND

Project State

ME

Project Zip

04092-3824

CD

ME-01

Jobs Reported

19

NAICS Code

236220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

500925.67

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

29760

Originating Lender

Machias Savings Bank

Originating Lender City

MACHIAS

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

502949.31

Forgiveness Date

06/30/2021

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