PPP Loan information for Downeast lakes land trust

$64,146

Downeast lakes land trust was initially approved for PPP Loan of amount $64,146, the current approved amount is $64,146. The loan was approved on 03/05/2021 by The Machias Savings Bank reported 5 jobs and $64,146 was used to fund payroll.

Downeast lakes land trust is Existing or more than 2 years old

DOWNEAST LAKES LAND TRUST

Date Approved

03/05/2021

SBA Office Code

0172

Processing Method

PPS

Borrower Name

DOWNEAST LAKES LAND TRUST

Borrower Address

4 Water St

Borrower City

Grand Lake Stream

Borrower State

ME

Borrower Zip

04668-4003

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

64146.07

Current Approval Amount

64146.07

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Grand Lake Stream

Project County Name

WASHINGTON

Project State

ME

Project Zip

04668-4003

CD

ME-02

Jobs Reported

5

NAICS Code

525920

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

64140.07

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

Non-Profit Organization

Originating Lender Location Id

29760

Originating Lender

Machias Savings Bank

Originating Lender City

MACHIAS

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

64425.82

Forgiveness Date

08/13/2021

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