PPP Loan information for Lower shore enterprises, inc.

$502,000

Lower shore enterprises, inc. was initially approved for PPP Loan of amount $502,000, the current approved amount is $502,000. The loan was approved on 05/01/2020 by The Loan Source Incorporated reported 142 jobs and $502,000 was used to fund payroll.

Lower shore enterprises, inc. is Existing or more than 2 years old

PPP Loan Search / MD / Salisbury / Lower shore enterprises, inc.

LOWER SHORE ENTERPRISES, INC.

Date Approved

05/01/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

LOWER SHORE ENTERPRISES, INC.

Borrower Address

28475 Owens Branch Road

Borrower City

Salisbury

Borrower State

MD

Borrower Zip

21801

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

502000.00

Current Approval Amount

502000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Salisbury

Project County Name

WICOMICO

Project State

MD

Project Zip

21801-0800

CD

MD-01

Jobs Reported

142

NAICS Code

624310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

502000.00

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

Non-Profit Organization

Originating Lender Location Id

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

507762.68

Forgiveness Date

06/29/2021

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