PPP Loan information for Damon builders inc

$83,700

Damon builders inc was initially approved for PPP Loan of amount $83,700, the current approved amount is $83,700. The loan was approved on 04/09/2020 by The Maine Community Bank reported 14 jobs and $83,700 was used to fund payroll.

Damon builders inc is Existing or more than 2 years old

DAMON BUILDERS INC

Date Approved

04/09/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

DAMON BUILDERS INC

Borrower Address

86 Pleasant St

Borrower City

MECHANIC FALLS

Borrower State

ME

Borrower Zip

04256-6105

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

83700.00

Current Approval Amount

83700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29614

Servicing Lender Name

Maine Community Bank

Servicing Lender Address

254 Main St

Servicing Lender City

BIDDEFORD

Servicing Lender State

ME

Servicing Lender Zip

04005-2400

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MECHANIC FALLS

Project County Name

ANDROSCOGGIN

Project State

ME

Project Zip

04256-6105

CD

ME-02

Jobs Reported

14

NAICS Code

236115

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1237.00

Payroll Proceed

79963.00

Mortgage Interest Proceed

0.00

Rent Proceed

2500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

29614

Originating Lender

Maine Community Bank

Originating Lender City

BIDDEFORD

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

74179.05

Forgiveness Date

12/04/2020

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