PPP Loan information for Cumberland ironworks inc

$78,038

Cumberland ironworks inc was initially approved for PPP Loan of amount $78,038, the current approved amount is $78,038. The loan was approved on 03/04/2021 by The Machias Savings Bank reported 7 jobs and $78,038 was used to fund payroll.

Cumberland ironworks inc is Existing or more than 2 years old

PPP Loan Search / ME / Pownal / Cumberland ironworks inc

CUMBERLAND IRONWORKS INC

Date Approved

03/04/2021

SBA Office Code

0172

Processing Method

PPS

Borrower Name

CUMBERLAND IRONWORKS INC

Borrower Address

38 Upper Minot Rd

Borrower City

Pownal

Borrower State

ME

Borrower Zip

04069-6104

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

78038.40

Current Approval Amount

78038.40

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

N

Business Age Description

Existing or more than 2 years old

Project City

Pownal

Project County Name

CUMBERLAND

Project State

ME

Project Zip

04069-6104

CD

ME-01

Jobs Reported

7

NAICS Code

332312

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

78036.40

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

Corporation

Originating Lender Location Id

29760

Originating Lender

Machias Savings Bank

Originating Lender City

MACHIAS

Originating Lender State

ME

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

78385.24

Forgiveness Date

08/13/2021

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