PPP Loan information for Maine development foundation

$258,080

Maine development foundation was initially approved for PPP Loan of amount $258,080, the current approved amount is $258,080. The loan was approved on 03/28/2021 by The Bangor Savings Bank reported 16 jobs and $258,080 was used to fund payroll.

Maine development foundation is Existing or more than 2 years old

PPP Loan Search / ME / Hallowell / Maine development foundation

MAINE DEVELOPMENT FOUNDATION

Date Approved

03/28/2021

SBA Office Code

0172

Processing Method

PPS

Borrower Name

MAINE DEVELOPMENT FOUNDATION

Borrower Address

2 Beech St Unit 203

Borrower City

Hallowell

Borrower State

ME

Borrower Zip

04347-1521

Loan Status Date

03/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

258080.00

Current Approval Amount

258080.00

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

Hallowell

Project County Name

KENNEBEC

Project State

ME

Project Zip

04347-1521

CD

ME-02

Jobs Reported

16

NAICS Code

926110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

258076.00

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

29389

Originating Lender

Bangor Savings Bank

Originating Lender City

BANGOR

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

260101.63

Forgiveness Date

01/06/2022

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