PPP Loan information for Powers auto

$87,500

Powers auto was initially approved for PPP Loan of amount $87,500, the current approved amount is $87,500. The loan was approved on 01/28/2021 by The Bangor Savings Bank reported 9 jobs and $87,500 was used to fund payroll.

Powers auto is Existing or more than 2 years old

PPP Loan Search / ME / CLINTON / Powers auto

POWERS AUTO

Date Approved

01/28/2021

SBA Office Code

0172

Processing Method

PPS

Borrower Name

POWERS AUTO

Borrower Address

1131 MAIN ST

Borrower City

CLINTON

Borrower State

ME

Borrower Zip

04927

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

87500.00

Current Approval Amount

87500.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CLINTON

Project County Name

KENNEBEC

Project State

ME

Project Zip

04927

CD

ME-02

Jobs Reported

9

NAICS Code

423110

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

87495.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

88037.15

Forgiveness Date

09/13/2021

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