PPP Loan information for Rippleffect, inc.

$195,700

Rippleffect, inc. was initially approved for PPP Loan of amount $150,500, the current approved amount is $195,700. The loan was approved on 04/05/2020 by The Gorham Savings Bank reported 7 jobs and $195,700 was used to fund payroll.

Rippleffect, inc. is Existing or more than 2 years old

RIPPLEFFECT, INC.

Date Approved

04/05/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

RIPPLEFFECT, INC.

Borrower Address

159 State Street

Borrower City

PORTLAND

Borrower State

ME

Borrower Zip

04101-3701

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

150500.00

Current Approval Amount

195700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29691

Servicing Lender Name

Gorham Savings Bank

Servicing Lender Address

64 Main St

Servicing Lender City

GORHAM

Servicing Lender State

ME

Servicing Lender Zip

04038-1304

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PORTLAND

Project County Name

CUMBERLAND

Project State

ME

Project Zip

04101-3701

CD

ME-01

Jobs Reported

7

NAICS Code

813219

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

195700.00

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

Non-Profit Organization

Originating Lender Location Id

29691

Originating Lender

Gorham Savings Bank

Originating Lender City

GORHAM

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

197874.44

Forgiveness Date

05/21/2021

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