PPP Loan information for Portland food cooperative

$242,000

Portland food cooperative was initially approved for PPP Loan of amount $242,000, the current approved amount is $242,000. The loan was approved on 08/06/2020 by The Bangor Savings Bank reported 32 jobs and $242,000 was used to fund payroll.

Portland food cooperative is Unanswered

PORTLAND FOOD COOPERATIVE

Date Approved

08/06/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

PORTLAND FOOD COOPERATIVE

Borrower Address

290 Congress St

Borrower City

PORTLAND

Borrower State

ME

Borrower Zip

04101-3637

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

242000.00

Current Approval Amount

242000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29389

Servicing Lender Name

Bangor Savings Bank

Servicing Lender Address

24 Hamlin Way

Servicing Lender City

BANGOR

Servicing Lender State

ME

Servicing Lender Zip

04401-6497

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

PORTLAND

Project County Name

CUMBERLAND

Project State

ME

Project Zip

04101-3637

CD

ME-01

Jobs Reported

32

NAICS Code

445110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

242000.00

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

Cooperative

Originating Lender Location Id

29389

Originating Lender

Bangor Savings Bank

Originating Lender City

BANGOR

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

243573.00

Forgiveness Date

03/30/2021

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