PPP Loan information for Searsmont general store

$40,893

Searsmont general store was initially approved for PPP Loan of amount $40,893, the current approved amount is $40,893. The loan was approved on 04/28/2020 by The First National Bank reported 8 jobs and $40,893 was used to fund payroll.

Searsmont general store is Existing or more than 2 years old

PPP Loan Search / ME / SEARSMONT / Searsmont general store

SEARSMONT GENERAL STORE

Date Approved

04/28/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

SEARSMONT GENERAL STORE

Borrower Address

PO BOX 117

Borrower City

SEARSMONT

Borrower State

ME

Borrower Zip

04973-0117

Loan Status Date

06/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40893.00

Current Approval Amount

40893.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29647

Servicing Lender Name

First National Bank

Servicing Lender Address

223 Main St

Servicing Lender City

DAMARISCOTTA

Servicing Lender State

ME

Servicing Lender Zip

04543-4651

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SEARSMONT

Project County Name

WALDO

Project State

ME

Project Zip

04973-0117

CD

ME-02

Jobs Reported

8

NAICS Code

445120

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

40893.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

29389

Originating Lender

Bangor Savings Bank

Originating Lender City

BANGOR

Originating Lender State

ME

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

41311.02

Forgiveness Date

05/11/2021

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