PPP Loan information for Macdonald brothers electric inc

$27,200

Macdonald brothers electric inc was initially approved for PPP Loan of amount $27,200, the current approved amount is $27,200. The loan was approved on 04/29/2020 by The Bangor Savings Bank reported 3 jobs and $27,200 was used to fund payroll.

Macdonald brothers electric inc is Existing or more than 2 years old

MACDONALD BROTHERS ELECTRIC INC

Date Approved

04/29/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

MACDONALD BROTHERS ELECTRIC INC

Borrower Address

71 Rocky Hill Road

Borrower City

SACO

Borrower State

ME

Borrower Zip

04072

Loan Status Date

11/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

27200.00

Current Approval Amount

27200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29389

Servicing Lender Name

Bangor Savings Bank

Servicing Lender Address

24 Hamlin Way

Servicing Lender City

BANGOR

Servicing Lender State

ME

Servicing Lender Zip

04401-6497

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SACO

Project County Name

YORK

Project State

ME

Project Zip

04072-0001

CD

ME-01

Jobs Reported

3

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

27200.00

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

Corporation

Originating Lender Location Id

29389

Originating Lender

Bangor Savings Bank

Originating Lender City

BANGOR

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

27319.38

Forgiveness Date

10/13/2020

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