PPP Loan information for The colony cottages

$48,512

The colony cottages was initially approved for PPP Loan of amount $48,512, the current approved amount is $48,512. The loan was approved on 04/14/2020 by The Machias Savings Bank reported 8 jobs and $48,512 was used to fund payroll.

The colony cottages is Existing or more than 2 years old

THE COLONY COTTAGES

Date Approved

04/14/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

THE COLONY COTTAGES

Borrower Address

20 State Highway 3

Borrower City

HULLS COVE

Borrower State

ME

Borrower Zip

04644

Loan Status Date

12/15/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

48512.00

Current Approval Amount

48512.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HULLS COVE

Project County Name

HANCOCK

Project State

ME

Project Zip

04644-0001

CD

ME-02

Jobs Reported

8

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

48512.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

48803.07

Forgiveness Date

11/27/2020

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