PPP Loan information for Burntcoat capital llc

$62,500

Burntcoat capital llc was initially approved for PPP Loan of amount $62,500, the current approved amount is $62,500. The loan was approved on 05/01/2020 by The Camden National Bank reported 3 jobs and $62,500 was used to fund payroll.

Burntcoat capital llc is New Business or 2 years or less

BURNTCOAT CAPITAL LLC

Date Approved

05/01/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

BURNTCOAT CAPITAL LLC

Borrower Address

181 Mill Street

Borrower City

Rockport

Borrower State

ME

Borrower Zip

04856-0000

Loan Status Date

02/08/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

62500.00

Current Approval Amount

62500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29633

Servicing Lender Name

Camden National Bank

Servicing Lender Address

2 Elm St

Servicing Lender City

CAMDEN

Servicing Lender State

ME

Servicing Lender Zip

04843-1947

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Rockport

Project County Name

KNOX

Project State

ME

Project Zip

04856-0001

CD

ME-01

Jobs Reported

3

NAICS Code

525910

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

62500.00

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

29633

Originating Lender

Camden National Bank

Originating Lender City

CAMDEN

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

63557.29

Forgiveness Date

01/04/2022

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