Date Approved
04/08/2020
SBA Office Code
0172
Processing Method
PPP
Borrower Name
LORING INDUSTRIES, LLC
Borrower Address
89 KANSAS RD
Borrower City
LIMESTONE
Borrower State
ME
Borrower Zip
04750-6033
Loan Status Date
02/20/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
87000.00
Current Approval Amount
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
Servicing Lender Zip
04765-3100
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
AROOSTOOK
Project State
Project Zip
CD
ME-02
Jobs Reported
8
NAICS Code
811310
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
65250.00
Mortgage Interest Proceed
Rent Proceed
21750.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non Profit
Forgiveness Amount
87669.42
Forgiveness Date
01/20/2021