PPP Loan information for Loring industries, llc

$87,000

Loring industries, llc was initially approved for PPP Loan of amount $87,000, the current approved amount is $87,000. The loan was approved on 04/08/2020 by The Katahdin Trust Co. reported 8 jobs and $87,000 was used to fund payroll.

Loring industries, llc is Existing or more than 2 years old

LORING INDUSTRIES, LLC

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

87000.00

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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LIMESTONE

Project County Name

AROOSTOOK

Project State

ME

Project Zip

04750-6033

CD

ME-02

Jobs Reported

8

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

65250.00

Mortgage Interest Proceed

0.00

Rent Proceed

21750.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

29770

Originating Lender

Katahdin Trust Co.

Originating Lender City

PATTEN

Originating Lender State

ME

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

87669.42

Forgiveness Date

01/20/2021

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