PPP Loan information for Michael savage and sons

$116,200

Michael savage and sons was initially approved for PPP Loan of amount $116,200, the current approved amount is $116,200. The loan was approved on 04/28/2020 by The Katahdin Trust Co. reported 9 jobs and $116,200 was used to fund payroll.

Michael savage and sons is Existing or more than 2 years old

MICHAEL SAVAGE AND SONS

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

116200.00

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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SHERMAN

Project County Name

AROOSTOOK

Project State

ME

Project Zip

04776-0001

CD

ME-02

Jobs Reported

9

NAICS Code

113310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

116200.00

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

Sole Proprietorship

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

117203.84

Forgiveness Date

03/16/2021

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