PPP Loan information for Fernwood cove inc

$335,653

Fernwood cove inc was initially approved for PPP Loan of amount $335,653, the current approved amount is $335,653. The loan was approved on 02/26/2021 by The Norway Savings Bank reported 37 jobs and $335,653 was used to fund payroll.

Fernwood cove inc is Existing or more than 2 years old

FERNWOOD COVE INC

Date Approved

02/26/2021

SBA Office Code

0172

Processing Method

PPS

Borrower Name

FERNWOOD COVE INC

Borrower Address

350 Island Pond Rd

Borrower City

Harrison

Borrower State

ME

Borrower Zip

04040-3214

Loan Status Date

12/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

335652.80

Current Approval Amount

335652.80

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

Harrison

Project County Name

CUMBERLAND

Project State

ME

Project Zip

04040-3214

CD

ME-02

Jobs Reported

37

NAICS Code

721214

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

335646.80

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

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

337970.18

Forgiveness Date

11/10/2021

;