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 04/06/2020 by The Norway Savings Bank reported 17 jobs and $274,680 was used to fund payroll.

Macdonald motors inc is New Business or 2 years or less

PPP Loan Search / NH / CHATHAM / Macdonald motors inc

MACDONALD MOTORS INC

Date Approved

04/06/2020

SBA Office Code

0189

Processing Method

PPP

Borrower Name

MACDONALD MOTORS INC

Borrower Address

61 east conway rd

Borrower City

CHATHAM

Borrower State

NH

Borrower Zip

03813-4012

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

274680.00

Current Approval Amount

274680.00

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

N

Business Age Description

New Business or 2 years or less

Project City

CHATHAM

Project County Name

CARROLL

Project State

NH

Project Zip

03813-4012

CD

NH-01

Jobs Reported

17

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

274680.00

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

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

277103.20

Forgiveness Date

03/03/2021

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