PPP Loan information for Maine farmers exchange corp

$154,500

Maine farmers exchange corp was initially approved for PPP Loan of amount $154,500, the current approved amount is $154,500. The loan was approved on 04/10/2020 by The Katahdin Trust Co. reported 12 jobs and $154,500 was used to fund payroll.

Maine farmers exchange corp is Existing or more than 2 years old

MAINE FARMERS EXCHANGE CORP

Date Approved

04/10/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

MAINE FARMERS EXCHANGE CORP

Borrower Address

422 MAIN ST, Suite A

Borrower City

PRESQUE ISLE

Borrower State

ME

Borrower Zip

04769-2601

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

154500.00

Current Approval Amount

154500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29770

Servicing Lender Name

Katahdin Trust Co.

Servicing Lender Address

11 Main St

Servicing Lender City

PATTEN

Servicing Lender State

ME

Servicing Lender Zip

04765-3100

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PRESQUE ISLE

Project County Name

AROOSTOOK

Project State

ME

Project Zip

04769-2601

CD

ME-02

Jobs Reported

12

NAICS Code

523140

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

38625.00

Payroll Proceed

115875.00

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

29770

Originating Lender

Katahdin Trust Co.

Originating Lender City

PATTEN

Originating Lender State

ME

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

155439.88

Forgiveness Date

11/27/2020

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