PPP Loan information for Midcoast marine electronics inc

$29,495

Midcoast marine electronics inc was initially approved for PPP Loan of amount $29,495, the current approved amount is $29,495. The loan was approved on 02/26/2021 by The Machias Savings Bank reported 4 jobs and $29,495 was used to fund payroll.

Midcoast marine electronics inc is Existing or more than 2 years old

MIDCOAST MARINE ELECTRONICS INC

Date Approved

02/26/2021

SBA Office Code

0172

Processing Method

PPS

Borrower Name

MIDCOAST MARINE ELECTRONICS INC

Borrower Address

129 Lakeview Dr

Borrower City

Rockland

Borrower State

ME

Borrower Zip

04841-5707

Loan Status Date

05/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

29495.10

Current Approval Amount

29495.10

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29760

Servicing Lender Name

Machias Savings Bank

Servicing Lender Address

4 Center St

Servicing Lender City

MACHIAS

Servicing Lender State

ME

Servicing Lender Zip

04654-1110

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rockland

Project County Name

KNOX

Project State

ME

Project Zip

04841-5707

CD

ME-01

Jobs Reported

4

NAICS Code

441222

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

29490.10

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

29760

Originating Lender

Machias Savings Bank

Originating Lender City

MACHIAS

Originating Lender State

ME

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

29822.82

Forgiveness Date

04/07/2022

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