PPP Loan information for Maine parts & machine inc

$454,490

Maine parts & machine inc was initially approved for PPP Loan of amount $454,490, the current approved amount is $454,490. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 29 jobs and $454,490 was used to fund payroll.

Maine parts & machine inc is New Business or 2 years or less

PPP Loan Search / ME / PORTLAND / Maine parts & machine inc

MAINE PARTS & MACHINE INC

Date Approved

05/01/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

MAINE PARTS & MACHINE INC

Borrower Address

68 WALDRON WAY

Borrower City

PORTLAND

Borrower State

ME

Borrower Zip

04103-5944

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

454490.00

Current Approval Amount

454490.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

PORTLAND

Project County Name

CUMBERLAND

Project State

ME

Project Zip

04103-5944

CD

ME-01

Jobs Reported

29

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

454490.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

458599.09

Forgiveness Date

03/31/2021

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