PPP Loan information for Maine rural water association

$250,641

Maine rural water association was initially approved for PPP Loan of amount $250,641, the current approved amount is $250,641. The loan was approved on 02/24/2021 by The Machias Savings Bank reported 32 jobs and $250,641 was used to fund payroll.

Maine rural water association is Existing or more than 2 years old

PPP Loan Search / ME / Richmond / Maine rural water association

MAINE RURAL WATER ASSOCIATION

Date Approved

02/24/2021

SBA Office Code

0172

Processing Method

PPP

Borrower Name

MAINE RURAL WATER ASSOCIATION

Borrower Address

254 Alexander Reed Rd

Borrower City

Richmond

Borrower State

ME

Borrower Zip

04357-3908

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

250641.12

Current Approval Amount

250641.12

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29760

Servicing Lender Name

Machias Savings Bank

Servicing Lender Address

4 Center St

Servicing Lender City

MACHIAS

Servicing Lender State

ME

Servicing Lender Zip

04654-1110

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Richmond

Project County Name

SAGADAHOC

Project State

ME

Project Zip

04357-3908

CD

ME-01

Jobs Reported

32

NAICS Code

813910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

250635.12

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

501(c)6 – Non Profit Membership

Originating Lender Location Id

29760

Originating Lender

Machias Savings Bank

Originating Lender City

MACHIAS

Originating Lender State

ME

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

251810.78

Forgiveness Date

08/17/2021

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