PPP Loan information for Lore cycles inc.

$20,208

Lore cycles inc. was initially approved for PPP Loan of amount $20,208, the current approved amount is $20,208. The loan was approved on 04/15/2020 by The Saco & Biddeford Savings Institution reported 15 jobs and $20,208 was used to fund payroll.

Lore cycles inc. is Existing or more than 2 years old

LORE CYCLES INC.

Date Approved

04/15/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

LORE CYCLES INC.

Borrower Address

3 Easy Street

Borrower City

SABATTUS

Borrower State

ME

Borrower Zip

04280

Loan Status Date

09/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

20207.50

Current Approval Amount

20207.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29883

Servicing Lender Name

Saco & Biddeford Savings Institution

Servicing Lender Address

252 Main St

Servicing Lender City

SACO

Servicing Lender State

ME

Servicing Lender Zip

04072-1511

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SABATTUS

Project County Name

ANDROSCOGGIN

Project State

ME

Project Zip

04280-0001

CD

ME-02

Jobs Reported

15

NAICS Code

999990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

20207.50

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

29883

Originating Lender

Saco & Biddeford Savings Institution

Originating Lender City

SACO

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20469.92

Forgiveness Date

08/12/2021

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