PPP Loan information for Phoenix welding

$987,266

Phoenix welding was initially approved for PPP Loan of amount $987,266, the current approved amount is $987,266. The loan was approved on 03/25/2021 by The Machias Savings Bank reported 66 jobs and $987,266 was used to fund payroll.

Phoenix welding is Existing or more than 2 years old

PPP Loan Search / ME / Portland / Phoenix welding

PHOENIX WELDING

Date Approved

03/25/2021

SBA Office Code

0172

Processing Method

PPS

Borrower Name

PHOENIX WELDING

Borrower Address

101 McAlister Farm Rd

Borrower City

Portland

Borrower State

ME

Borrower Zip

04103-5915

Loan Status Date

08/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

987266.45

Current Approval Amount

987266.45

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

N

Business Age Description

Existing or more than 2 years old

Project City

Portland

Project County Name

CUMBERLAND

Project State

ME

Project Zip

04103-5915

CD

ME-01

Jobs Reported

66

NAICS Code

238190

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

987260.45

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

29760

Originating Lender

Machias Savings Bank

Originating Lender City

MACHIAS

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1000183.19

Forgiveness Date

07/14/2022

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