PPP Loan information for Morellco electric

$14,962

Morellco electric was initially approved for PPP Loan of amount $14,962, the current approved amount is $14,962. The loan was approved on 04/27/2020 by The Norway Savings Bank reported 1 jobs and $14,962 was used to fund payroll.

Morellco electric is Existing or more than 2 years old

MORELLCO ELECTRIC

Date Approved

04/27/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

MORELLCO ELECTRIC

Borrower Address

po box 457

Borrower City

Casco

Borrower State

ME

Borrower Zip

04015

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

14961.67

Current Approval Amount

14961.67

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29763

Servicing Lender Name

Norway Savings Bank

Servicing Lender Address

261 Main St

Servicing Lender City

NORWAY

Servicing Lender State

ME

Servicing Lender Zip

04268-5915

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Casco

Project County Name

CUMBERLAND

Project State

ME

Project Zip

04015-0001

CD

ME-01

Jobs Reported

1

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

14961.67

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

29763

Originating Lender

Norway Savings Bank

Originating Lender City

NORWAY

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

15177.69

Forgiveness Date

10/12/2021

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