PPP Loan information for Southern ratio

$383,739

Southern ratio was initially approved for PPP Loan of amount $383,739, the current approved amount is $383,739. The loan was approved on 01/20/2021 by The Bangor Savings Bank reported 36 jobs and $383,739 was used to fund payroll.

Southern ratio is Existing or more than 2 years old

PPP Loan Search / ME / South Portland / Southern ratio

SOUTHERN RATIO

Date Approved

01/20/2021

SBA Office Code

0172

Processing Method

PPS

Borrower Name

SOUTHERN RATIO

Borrower Address

416 Preble St

Borrower City

South Portland

Borrower State

ME

Borrower Zip

04106-3020

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

383738.77

Current Approval Amount

383738.77

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

South Portland

Project County Name

CUMBERLAND

Project State

ME

Project Zip

04106-3020

CD

ME-01

Jobs Reported

36

NAICS Code

722515

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

383734.77

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

385742.74

Forgiveness Date

07/30/2021

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