PPP Loan information for The concorde motel

$15,395

The concorde motel was initially approved for PPP Loan of amount $15,395, the current approved amount is $15,395. The loan was approved on 04/30/2020 by The Saco & Biddeford Savings Institution reported 1 jobs and $15,395 was used to fund payroll.

The concorde motel is Existing or more than 2 years old

THE CONCORDE MOTEL

Date Approved

04/30/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

THE CONCORDE MOTEL

Borrower Address

136 West Grand Avenue

Borrower City

OLD ORCHARD BEACH

Borrower State

ME

Borrower Zip

04064

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

15395.00

Current Approval Amount

15395.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29883

Servicing Lender Name

Saco & Biddeford Savings Institution

Servicing Lender Address

252 Main St

Servicing Lender City

SACO

Servicing Lender State

ME

Servicing Lender Zip

04072-1511

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

OLD ORCHARD BEACH

Project County Name

YORK

Project State

ME

Project Zip

04064-0001

CD

ME-01

Jobs Reported

1

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

15395.00

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

Sole Proprietorship

Originating Lender Location Id

29883

Originating Lender

Saco & Biddeford Savings Institution

Originating Lender City

SACO

Originating Lender State

ME

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

15537.14

Forgiveness Date

04/08/2021

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