PPP Loan information for Brakes and shocks, llc

$178,600

Brakes and shocks, llc was initially approved for PPP Loan of amount $178,600, the current approved amount is $178,600. The loan was approved on 04/08/2020 by The Bangor Savings Bank reported 23 jobs and $178,600 was used to fund payroll.

Brakes and shocks, llc is Existing or more than 2 years old

BRAKES AND SHOCKS, LLC

Date Approved

04/08/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

BRAKES AND SHOCKS, LLC

Borrower Address

742 Congress St

Borrower City

PORTLAND

Borrower State

ME

Borrower Zip

04102-3322

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

178600.00

Current Approval Amount

178600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29389

Servicing Lender Name

Bangor Savings Bank

Servicing Lender Address

24 Hamlin Way

Servicing Lender City

BANGOR

Servicing Lender State

ME

Servicing Lender Zip

04401-6497

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

04102-3322

CD

ME-01

Jobs Reported

23

NAICS Code

999990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

178600.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

29389

Originating Lender

Bangor Savings Bank

Originating Lender City

BANGOR

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

171875.32

Forgiveness Date

07/02/2021

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