PPP Loan information for Macdonald motors inc

$274,680

Macdonald motors inc was initially approved for PPP Loan of amount $274,680, the current approved amount is $274,680. The loan was approved on 01/25/2021 by The Norway Savings Bank reported 20 jobs and $274,680 was used to fund payroll.

Macdonald motors inc is Existing or more than 2 years old

PPP Loan Search / NH / Center Conway / Macdonald motors inc

MACDONALD MOTORS INC

Date Approved

01/25/2021

SBA Office Code

0189

Processing Method

PPS

Borrower Name

MACDONALD MOTORS INC

Borrower Address

61 East Conway Rd

Borrower City

Center Conway

Borrower State

NH

Borrower Zip

03813

Loan Status Date

12/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

274679.97

Current Approval Amount

274679.97

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29763

Servicing Lender Name

Norway Savings Bank

Servicing Lender Address

261 Main St

Servicing Lender City

NORWAY

Servicing Lender State

ME

Servicing Lender Zip

04268-5915

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Center Conway

Project County Name

CARROLL

Project State

NH

Project Zip

03813

CD

NH-01

Jobs Reported

20

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

274675.97

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

29763

Originating Lender

Norway Savings Bank

Originating Lender City

NORWAY

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

276839.78

Forgiveness Date

11/10/2021

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