PPP Loan information for University of maine foundation

$718,600

University of maine foundation was initially approved for PPP Loan of amount $718,600, the current approved amount is $718,600. The loan was approved on 04/08/2020 by The Bangor Savings Bank reported 38 jobs and $718,600 was used to fund payroll.

University of maine foundation is Existing or more than 2 years old

UNIVERSITY OF MAINE FOUNDATION

Date Approved

04/08/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

UNIVERSITY OF MAINE FOUNDATION

Borrower Address

2 Alumni Place

Borrower City

ORONO

Borrower State

ME

Borrower Zip

04469

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

718600.00

Current Approval Amount

718600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29389

Servicing Lender Name

Bangor Savings Bank

Servicing Lender Address

24 Hamlin Way

Servicing Lender City

BANGOR

Servicing Lender State

ME

Servicing Lender Zip

04401-6497

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ORONO

Project County Name

PENOBSCOT

Project State

ME

Project Zip

04469-5700

CD

ME-02

Jobs Reported

38

NAICS Code

813211

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

718600.00

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

29389

Originating Lender

Bangor Savings Bank

Originating Lender City

BANGOR

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

723310.82

Forgiveness Date

12/10/2020

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