PPP Loan information for Otis nelson

$55,000

Otis nelson was initially approved for PPP Loan of amount $55,000, the current approved amount is $55,000. The loan was approved on 01/29/2021 by The NorState FCU reported 7 jobs and $55,000 was used to fund payroll.

Otis nelson is Existing or more than 2 years old

PPP Loan Search / ME / Portage / Otis nelson

OTIS NELSON

Date Approved

01/29/2021

SBA Office Code

0172

Processing Method

PPS

Borrower Name

OTIS NELSON

Borrower Address

572 West Rd

Borrower City

Portage

Borrower State

ME

Borrower Zip

04768-8804

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

55000.00

Current Approval Amount

55000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

97902

Servicing Lender Name

NorState FCU

Servicing Lender Address

78 Fox St

Servicing Lender City

MADAWASKA

Servicing Lender State

ME

Servicing Lender Zip

04756-1352

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Portage

Project County Name

AROOSTOOK

Project State

ME

Project Zip

04768-8804

CD

ME-02

Jobs Reported

7

NAICS Code

238190

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

54997.00

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

Sole Proprietorship

Originating Lender Location Id

97902

Originating Lender

NorState FCU

Originating Lender City

MADAWASKA

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

55349.86

Forgiveness Date

09/21/2021

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