PPP Loan information for Western maine driving academy

$16,000

Western maine driving academy was initially approved for PPP Loan of amount $16,000, the current approved amount is $16,000. The loan was approved on 06/26/2020 by The Androscoggin Savings Bank reported 8 jobs and $16,000 was used to fund payroll.

Western maine driving academy is New Business or 2 years or less

WESTERN MAINE DRIVING ACADEMY

Date Approved

06/26/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

WESTERN MAINE DRIVING ACADEMY

Borrower Address

42 LOCHNESS RD

Borrower City

RUMFORD

Borrower State

ME

Borrower Zip

04276-1955

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

16000.00

Current Approval Amount

16000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29743

Servicing Lender Name

Androscoggin Savings Bank

Servicing Lender Address

30 Lisbon St

Servicing Lender City

LEWISTON

Servicing Lender State

ME

Servicing Lender Zip

04240-7116

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

RUMFORD

Project County Name

OXFORD

Project State

ME

Project Zip

04276-1955

CD

ME-02

Jobs Reported

8

NAICS Code

611692

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

16000.00

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

Subchapter S Corporation

Originating Lender Location Id

29743

Originating Lender

Androscoggin Savings Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

16158.67

Forgiveness Date

06/24/2021

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