PPP Loan information for Saco bay marine

$89,000

Saco bay marine was initially approved for PPP Loan of amount $89,000, the current approved amount is $89,000. The loan was approved on 04/04/2020 by The Bangor Savings Bank reported 11 jobs and $89,000 was used to fund payroll.

Saco bay marine is Existing or more than 2 years old

SACO BAY MARINE

Date Approved

04/04/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

SACO BAY MARINE

Borrower Address

109 Cleaves St

Borrower City

BIDDEFORD

Borrower State

ME

Borrower Zip

04005-2704

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

89000.00

Current Approval Amount

89000.00

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

Existing or more than 2 years old

Project City

BIDDEFORD

Project County Name

YORK

Project State

ME

Project Zip

04005-2704

CD

ME-01

Jobs Reported

11

NAICS Code

531120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

89000.00

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

79476.19

Forgiveness Date

11/10/2020

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