PPP Loan information for Teresa's corner cafe and bakery

$38,965

Teresa's corner cafe and bakery was initially approved for PPP Loan of amount $38,965, the current approved amount is $38,965. The loan was approved on 04/27/2020 by The Machias Savings Bank reported 3 jobs and $38,965 was used to fund payroll.

Teresa's corner cafe and bakery is Existing or more than 2 years old

TERESA'S CORNER CAFE AND BAKERY

Date Approved

04/27/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

TERESA'S CORNER CAFE AND BAKERY

Borrower Address

299 Main Street

Borrower City

PRESQUE ISLE

Borrower State

ME

Borrower Zip

04769

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

38965.00

Current Approval Amount

38965.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29760

Servicing Lender Name

Machias Savings Bank

Servicing Lender Address

4 Center St

Servicing Lender City

MACHIAS

Servicing Lender State

ME

Servicing Lender Zip

04654-1110

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PRESQUE ISLE

Project County Name

AROOSTOOK

Project State

ME

Project Zip

04769-0001

CD

ME-02

Jobs Reported

3

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

38965.00

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

Corporation

Originating Lender Location Id

29760

Originating Lender

Machias Savings Bank

Originating Lender City

MACHIAS

Originating Lender State

ME

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

39261.57

Forgiveness Date

01/28/2021

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