PPP Loan information for Portland avenue associates

$53,285

Portland avenue associates was initially approved for PPP Loan of amount $53,285, the current approved amount is $53,285. The loan was approved on 04/15/2020 by The Saco & Biddeford Savings Institution reported 20 jobs and $53,285 was used to fund payroll.

Portland avenue associates is Existing or more than 2 years old

PPP Loan Search / ME / OLD ORCHARD BEACH / Portland avenue associates

PORTLAND AVENUE ASSOCIATES

Date Approved

04/15/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

PORTLAND AVENUE ASSOCIATES

Borrower Address

198 Saco Avenue

Borrower City

OLD ORCHARD BEACH

Borrower State

ME

Borrower Zip

04064

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

53285.00

Current Approval Amount

53285.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29883

Servicing Lender Name

Saco & Biddeford Savings Institution

Servicing Lender Address

252 Main St

Servicing Lender City

SACO

Servicing Lender State

ME

Servicing Lender Zip

04072-1511

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OLD ORCHARD BEACH

Project County Name

YORK

Project State

ME

Project Zip

04064-0001

CD

ME-01

Jobs Reported

20

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

53285.00

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

29883

Originating Lender

Saco & Biddeford Savings Institution

Originating Lender City

SACO

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

53663.10

Forgiveness Date

01/08/2021

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