PPP Loan information for Obsession inc

$50,582

Obsession inc was initially approved for PPP Loan of amount $50,582, the current approved amount is $50,582. The loan was approved on 03/23/2021 by The Machias Savings Bank reported 2 jobs and $50,582 was used to fund payroll.

Obsession inc is Existing or more than 2 years old

OBSESSION INC

Date Approved

03/23/2021

SBA Office Code

0172

Processing Method

PPS

Borrower Name

OBSESSION INC

Borrower Address

227 W Shore Rd

Borrower City

Sorrento

Borrower State

ME

Borrower Zip

04677-3201

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

50581.52

Current Approval Amount

50581.52

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

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Sorrento

Project County Name

HANCOCK

Project State

ME

Project Zip

04677-3201

CD

ME-02

Jobs Reported

2

NAICS Code

114112

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

50581.52

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

Non-Veteran

Non Profit

Forgiveness Amount

50823.19

Forgiveness Date

09/15/2021

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