PPP Loan information for Nor'easter, inc.

$224,000

Nor'easter, inc. was initially approved for PPP Loan of amount $224,000, the current approved amount is $224,000. The loan was approved on 04/04/2020 by The Aroostook County Federal Savings & Loan Association reported 50 jobs and $224,000 was used to fund payroll.

Nor'easter, inc. is Existing or more than 2 years old

PPP Loan Search / ME / PRESQUE ISLE / Nor'easter, inc.

NOR'EASTER, INC.

Date Approved

04/04/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

NOR'EASTER, INC.

Borrower Address

350 MAIN ST

Borrower City

PRESQUE ISLE

Borrower State

ME

Borrower Zip

04769-2809

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

224000.00

Current Approval Amount

224000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89182

Servicing Lender Name

Aroostook County Federal Savings & Loan Association

Servicing Lender Address

43 High St

Servicing Lender City

CARIBOU

Servicing Lender State

ME

Servicing Lender Zip

04736-2710

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PRESQUE ISLE

Project County Name

AROOSTOOK

Project State

ME

Project Zip

04769-2809

CD

ME-02

Jobs Reported

50

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10000.00

Payroll Proceed

179200.00

Mortgage Interest Proceed

34800.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

89182

Originating Lender

Aroostook County Federal Savings & Loan Association

Originating Lender City

CARIBOU

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

225393.78

Forgiveness Date

11/19/2020

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