PPP Loan information for Fratini power equipment llc

$33,982

Fratini power equipment llc was initially approved for PPP Loan of amount $33,982, the current approved amount is $33,982. The loan was approved on 02/06/2021 by The Machias Savings Bank reported 5 jobs and $33,982 was used to fund payroll.

Fratini power equipment llc is Existing or more than 2 years old

FRATINI POWER EQUIPMENT LLC

Date Approved

02/06/2021

SBA Office Code

0172

Processing Method

PPS

Borrower Name

FRATINI POWER EQUIPMENT LLC

Borrower Address

115 Freedom Pkwy

Borrower City

Hermon

Borrower State

ME

Borrower Zip

04401-1102

Loan Status Date

08/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

33982.00

Current Approval Amount

33982.00

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

Hermon

Project County Name

PENOBSCOT

Project State

ME

Project Zip

04401-1102

CD

ME-02

Jobs Reported

5

NAICS Code

444210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

33982.00

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

Limited Liability Company(LLC)

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

Forgiveness Amount

34127.37

Forgiveness Date

07/14/2021

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