PPP Loan information for Town line family restaurant inc

$133,600

Town line family restaurant inc was initially approved for PPP Loan of amount $133,000, the current approved amount is $133,600. The loan was approved on 04/04/2020 by The Gorham Savings Bank reported 36 jobs and $133,600 was used to fund payroll.

Town line family restaurant inc is Existing or more than 2 years old

TOWN LINE FAMILY RESTAURANT INC

Date Approved

04/04/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

TOWN LINE FAMILY RESTAURANT INC

Borrower Address

10 New County Rd

Borrower City

ALFRED

Borrower State

ME

Borrower Zip

04002-7744

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

133000.00

Current Approval Amount

133600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29691

Servicing Lender Name

Gorham Savings Bank

Servicing Lender Address

64 Main St

Servicing Lender City

GORHAM

Servicing Lender State

ME

Servicing Lender Zip

04038-1304

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALFRED

Project County Name

YORK

Project State

ME

Project Zip

04002-7744

CD

ME-01

Jobs Reported

36

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

133600.00

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

29691

Originating Lender

Gorham Savings Bank

Originating Lender City

GORHAM

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

134616.84

Forgiveness Date

01/14/2021

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