PPP Loan information for Katahdin forest products co.

$581,700

Katahdin forest products co. was initially approved for PPP Loan of amount $581,700, the current approved amount is $581,700. The loan was approved on 04/09/2020 by The Katahdin Trust Co. reported 69 jobs and $581,700 was used to fund payroll.

Katahdin forest products co. is Existing or more than 2 years old

KATAHDIN FOREST PRODUCTS CO.

Date Approved

04/09/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

KATAHDIN FOREST PRODUCTS CO.

Borrower Address

205 Oakfield/Smyrna Rd

Borrower City

OAKFIELD

Borrower State

ME

Borrower Zip

04763

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

581700.00

Current Approval Amount

581700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29770

Servicing Lender Name

Katahdin Trust Co.

Servicing Lender Address

11 Main St

Servicing Lender City

PATTEN

Servicing Lender State

ME

Servicing Lender Zip

04765-3100

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OAKFIELD

Project County Name

AROOSTOOK

Project State

ME

Project Zip

04763-0001

CD

ME-02

Jobs Reported

69

NAICS Code

321992

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

145425.00

Payroll Proceed

436275.00

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

29770

Originating Lender

Katahdin Trust Co.

Originating Lender City

PATTEN

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

586579.82

Forgiveness Date

02/12/2021

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