PPP Loan information for Industrial automation supply, inc.

$248,700

Industrial automation supply, inc. was initially approved for PPP Loan of amount $248,700, the current approved amount is $248,700. The loan was approved on 04/05/2020 by The Norway Savings Bank reported 42 jobs and $248,700 was used to fund payroll.

Industrial automation supply, inc. is Existing or more than 2 years old

PPP Loan Search / ME / PORTLAND / Industrial automation supply, inc.

INDUSTRIAL AUTOMATION SUPPLY, INC.

Date Approved

04/05/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

INDUSTRIAL AUTOMATION SUPPLY, INC.

Borrower Address

75 Industrial Way

Borrower City

PORTLAND

Borrower State

ME

Borrower Zip

04103-1071

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

248700.00

Current Approval Amount

248700.00

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

PORTLAND

Project County Name

CUMBERLAND

Project State

ME

Project Zip

04103-1071

CD

ME-01

Jobs Reported

42

NAICS Code

423610

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

248700.00

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

Subchapter S 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

250226.27

Forgiveness Date

11/27/2020

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