PPP Loan information for The michael phelps foundation

$30,175

The michael phelps foundation was initially approved for PPP Loan of amount $30,175, the current approved amount is $30,175. The loan was approved on 02/06/2021 by The Norway Savings Bank reported 3 jobs and $30,175 was used to fund payroll.

The michael phelps foundation is Existing or more than 2 years old

THE MICHAEL PHELPS FOUNDATION

Date Approved

02/06/2021

SBA Office Code

0172

Processing Method

PPS

Borrower Name

THE MICHAEL PHELPS FOUNDATION

Borrower Address

7 Ocean St Ste 2

Borrower City

South Portland

Borrower State

ME

Borrower Zip

04106-2800

Loan Status Date

03/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

30175.42

Current Approval Amount

30175.42

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29763

Servicing Lender Name

Norway Savings Bank

Servicing Lender Address

261 Main St

Servicing Lender City

NORWAY

Servicing Lender State

ME

Servicing Lender Zip

04268-5915

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

04106-2800

CD

ME-01

Jobs Reported

3

NAICS Code

813211

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

30175.42

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

Non-Profit Organization

Originating Lender Location Id

29763

Originating Lender

Norway Savings Bank

Originating Lender City

NORWAY

Originating Lender State

ME

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

30475.52

Forgiveness Date

02/08/2022

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