PPP Loan information for Powerline construction inc

$20,700

Powerline construction inc was initially approved for PPP Loan of amount $20,700, the current approved amount is $20,700. The loan was approved on 04/14/2020 by The Bangor Savings Bank reported 2 jobs and $20,700 was used to fund payroll.

Powerline construction inc is New Business or 2 years or less

POWERLINE CONSTRUCTION INC

Date Approved

04/14/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

POWERLINE CONSTRUCTION INC

Borrower Address

1328 Milo Rd

Borrower City

SEBEC

Borrower State

ME

Borrower Zip

04481

Loan Status Date

11/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

20700.00

Current Approval Amount

20700.00

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

New Business or 2 years or less

Project City

SEBEC

Project County Name

PISCATAQUIS

Project State

ME

Project Zip

04481-3000

CD

ME-02

Jobs Reported

2

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

20700.00

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

Subchapter S Corporation

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

20797.18

Forgiveness Date

10/14/2020

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