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
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
Servicing Lender Zip
04401-6497
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
CUMBERLAND
Project State
Project Zip
CD
ME-01
Jobs Reported
23
NAICS Code
999990
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Unanswered
Veteran
Non Profit
Forgiveness Amount
171875.32
Forgiveness Date
07/02/2021