PPP Loan information for Malone paddle gear llc

$262,500

Malone paddle gear llc was initially approved for PPP Loan of amount $262,500, the current approved amount is $262,500. The loan was approved on 04/04/2020 by The Katahdin Trust Co. reported 22 jobs and $262,500 was used to fund payroll.

Malone paddle gear llc is Existing or more than 2 years old

MALONE PADDLE GEAR LLC

Date Approved

04/04/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

MALONE PADDLE GEAR LLC

Borrower Address

81 COUNTY RD, Suite 1

Borrower City

WESTBROOK

Borrower State

ME

Borrower Zip

04092-3827

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

262500.00

Current Approval Amount

262500.00

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

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WESTBROOK

Project County Name

CUMBERLAND

Project State

ME

Project Zip

04092-3827

CD

ME-01

Jobs Reported

22

NAICS Code

423910

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

32812.50

Payroll Proceed

196875.00

Mortgage Interest Proceed

32812.50

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

29770

Originating Lender

Katahdin Trust Co.

Originating Lender City

PATTEN

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

263987.50

Forgiveness Date

11/05/2020

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