PPP Loan information for Electrical systems of maine inc

$415,215

Electrical systems of maine inc was initially approved for PPP Loan of amount $415,215, the current approved amount is $415,215. The loan was approved on 02/04/2021 by The Norway Savings Bank reported 42 jobs and $415,215 was used to fund payroll.

Electrical systems of maine inc is Existing or more than 2 years old

ELECTRICAL SYSTEMS OF MAINE INC

Date Approved

02/04/2021

SBA Office Code

0172

Processing Method

PPS

Borrower Name

ELECTRICAL SYSTEMS OF MAINE INC

Borrower Address

1200 Minot Ave

Borrower City

Auburn

Borrower State

ME

Borrower Zip

04210-3749

Loan Status Date

02/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

415215.00

Current Approval Amount

415215.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29763

Servicing Lender Name

Norway Savings Bank

Servicing Lender Address

261 Main St

Servicing Lender City

NORWAY

Servicing Lender State

ME

Servicing Lender Zip

04268-5915

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Auburn

Project County Name

ANDROSCOGGIN

Project State

ME

Project Zip

04210-3749

CD

ME-02

Jobs Reported

42

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

415215.00

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

Corporation

Originating Lender Location Id

29763

Originating Lender

Norway Savings Bank

Originating Lender City

NORWAY

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

419128.26

Forgiveness Date

01/19/2022

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