PPP Loan information for Ocean point inn

$321,300

Ocean point inn was initially approved for PPP Loan of amount $321,300, the current approved amount is $321,300. The loan was approved on 01/30/2021 by The First National Bank reported 49 jobs and $321,300 was used to fund payroll.

Ocean point inn is Existing or more than 2 years old

OCEAN POINT INN

Date Approved

01/30/2021

SBA Office Code

0172

Processing Method

PPS

Borrower Name

OCEAN POINT INN

Borrower Address

191 Shore Rd

Borrower City

East Boothbay

Borrower State

ME

Borrower Zip

04544-6429

Loan Status Date

07/22/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

321300.00

Current Approval Amount

321300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29647

Servicing Lender Name

First National Bank

Servicing Lender Address

223 Main St

Servicing Lender City

DAMARISCOTTA

Servicing Lender State

ME

Servicing Lender Zip

04543-4651

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

East Boothbay

Project County Name

LINCOLN

Project State

ME

Project Zip

04544-6429

CD

ME-01

Jobs Reported

49

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

321295.00

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

Corporation

Originating Lender Location Id

29647

Originating Lender

First National Bank

Originating Lender City

DAMARISCOTTA

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

325610.77

Forgiveness Date

06/02/2022

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