PPP Loan information for Powers auto sales

$122,300

Powers auto sales was initially approved for PPP Loan of amount $122,300, the current approved amount is $122,300. The loan was approved on 04/14/2020 by The Bangor Savings Bank reported 11 jobs and $122,300 was used to fund payroll.

Powers auto sales is Unanswered

POWERS AUTO SALES

Date Approved

04/14/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

POWERS AUTO SALES

Borrower Address

1131 Main Street

Borrower City

CLINTON

Borrower State

ME

Borrower Zip

04927

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

122300.00

Current Approval Amount

122300.00

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

Unanswered

Project City

CLINTON

Project County Name

KENNEBEC

Project State

ME

Project Zip

04927-0001

CD

ME-01

Jobs Reported

11

NAICS Code

811111

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

122300.00

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

112914.53

Forgiveness Date

11/09/2020

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