Date Approved
04/28/2020
SBA Office Code
0172
Processing Method
PPP
Borrower Name
MICHAEL SAVAGE AND SONS
Borrower Address
65 Cold Brook Rd
Borrower City
SHERMAN
Borrower State
ME
Borrower Zip
04776
Loan Status Date
04/15/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
116200.00
Current Approval Amount
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
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
Project County Name
AROOSTOOK
Project State
Project Zip
04776-0001
CD
ME-02
Jobs Reported
9
NAICS Code
113310
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Sole Proprietorship
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
117203.84
Forgiveness Date
03/16/2021