PPP Loan information for Midcoast development

$277,800

Midcoast development was initially approved for PPP Loan of amount $277,800, the current approved amount is $277,800. The loan was approved on 08/07/2020 by The MBE Capital Partners reported 42 jobs and $277,800 was used to fund payroll.

Midcoast development is Existing or more than 2 years old

PPP Loan Search / ME / Benton / Midcoast development

MIDCOAST DEVELOPMENT

Date Approved

08/07/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

MIDCOAST DEVELOPMENT

Borrower Address

1308 Clinton Avenue

Borrower City

Benton

Borrower State

ME

Borrower Zip

04901-3538

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

277800.00

Current Approval Amount

277800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

529431

Servicing Lender Name

MBE Capital Partners

Servicing Lender Address

1 Bridge Plaza N. # 550

Servicing Lender City

Fort Lee

Servicing Lender State

NJ

Servicing Lender Zip

07024

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Benton

Project County Name

KENNEBEC

Project State

ME

Project Zip

04901-3538

CD

ME-01

Jobs Reported

42

NAICS Code

444190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

277800.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

529431

Originating Lender

MBE Capital Partners

Originating Lender City

Fort Lee

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

279505.38

Forgiveness Date

03/31/2021

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