PPP Loan information for Thornton academy

$3,581,700

Thornton academy was initially approved for PPP Loan of amount $3,581,700, the current approved amount is $3,581,700. The loan was approved on 04/03/2020 by The Saco & Biddeford Savings Institution reported 212 jobs and $3,581,700 was used to fund payroll.

Thornton academy is Existing or more than 2 years old

PPP Loan Search / ME / SACO / Thornton academy

THORNTON ACADEMY

Date Approved

04/03/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

THORNTON ACADEMY

Borrower Address

438 Main Street

Borrower City

SACO

Borrower State

ME

Borrower Zip

04072-1565

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3581700.00

Current Approval Amount

3581700.00

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

SACO

Project County Name

YORK

Project State

ME

Project Zip

04072-1565

CD

ME-01

Jobs Reported

212

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3581700.00

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

Non-Profit Organization

Originating Lender Location Id

29883

Originating Lender

Saco & Biddeford Savings Institution

Originating Lender City

SACO

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

3607998.51

Forgiveness Date

01/07/2021

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