PPP Loan information for Maine salt company

$44,440

Maine salt company was initially approved for PPP Loan of amount $44,440, the current approved amount is $44,440. The loan was approved on 01/20/2021 by The Bangor Savings Bank reported 6 jobs and $44,440 was used to fund payroll.

Maine salt company is Existing or more than 2 years old

PPP Loan Search / ME / Hermon / Maine salt company

MAINE SALT COMPANY

Date Approved

01/20/2021

SBA Office Code

0172

Processing Method

PPS

Borrower Name

MAINE SALT COMPANY

Borrower Address

677 Coldbrook Rd

Borrower City

Hermon

Borrower State

ME

Borrower Zip

04401-1306

Loan Status Date

02/25/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

44440.37

Current Approval Amount

44440.37

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

Hermon

Project County Name

PENOBSCOT

Project State

ME

Project Zip

04401-1306

CD

ME-02

Jobs Reported

6

NAICS Code

325998

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

44436.37

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

29389

Originating Lender

Bangor Savings Bank

Originating Lender City

BANGOR

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

44826.75

Forgiveness Date

12/02/2021

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