PPP Loan information for Local 188 llc

$278,900

Local 188 llc was initially approved for PPP Loan of amount $278,900, the current approved amount is $278,900. The loan was approved on 01/27/2021 by The Gorham Savings Bank reported 45 jobs and $278,900 was used to fund payroll.

Local 188 llc is Existing or more than 2 years old

LOCAL 188 LLC

Date Approved

01/27/2021

SBA Office Code

0172

Processing Method

PPS

Borrower Name

LOCAL 188 LLC

Borrower Address

685 Congress St

Borrower City

Portland

Borrower State

ME

Borrower Zip

04102-3303

Loan Status Date

09/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

278900.00

Current Approval Amount

278900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29691

Servicing Lender Name

Gorham Savings Bank

Servicing Lender Address

64 Main St

Servicing Lender City

GORHAM

Servicing Lender State

ME

Servicing Lender Zip

04038-1304

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Portland

Project County Name

CUMBERLAND

Project State

ME

Project Zip

04102-3303

CD

ME-01

Jobs Reported

45

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

278894.00

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

29691

Originating Lender

Gorham Savings Bank

Originating Lender City

GORHAM

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

280441.70

Forgiveness Date

08/20/2021

;