PPP Loan information for Payroll management, inc.

$525,900

Payroll management, inc. was initially approved for PPP Loan of amount $525,900, the current approved amount is $525,900. The loan was approved on 04/09/2020 by The Androscoggin Savings Bank reported 40 jobs and $525,900 was used to fund payroll.

Payroll management, inc. is Existing or more than 2 years old

PPP Loan Search / ME / AUBURN / Payroll management, inc.

PAYROLL MANAGEMENT, INC.

Date Approved

04/09/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

PAYROLL MANAGEMENT, INC.

Borrower Address

550 Center Street, PO Box1837

Borrower City

AUBURN

Borrower State

ME

Borrower Zip

04211-1837

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

525900.00

Current Approval Amount

525900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29743

Servicing Lender Name

Androscoggin Savings Bank

Servicing Lender Address

30 Lisbon St

Servicing Lender City

LEWISTON

Servicing Lender State

ME

Servicing Lender Zip

04240-7116

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

AUBURN

Project County Name

ANDROSCOGGIN

Project State

ME

Project Zip

04211-1837

CD

ME-02

Jobs Reported

40

NAICS Code

541214

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

525900.00

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

29743

Originating Lender

Androscoggin Savings Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

530589.28

Forgiveness Date

03/05/2021

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