PPP Loan information for W.m. ely associates

$59,770

W.m. ely associates was initially approved for PPP Loan of amount $59,770, the current approved amount is $59,770. The loan was approved on 03/26/2021 by The Bangor Savings Bank reported 4 jobs and $59,770 was used to fund payroll.

W.m. ely associates is Existing or more than 2 years old

W.M. ELY ASSOCIATES

Date Approved

03/26/2021

SBA Office Code

0172

Processing Method

PPS

Borrower Name

W.M. ELY ASSOCIATES

Borrower Address

37 A St

Borrower City

South Portland

Borrower State

ME

Borrower Zip

04106-2802

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

59770.00

Current Approval Amount

59770.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

South Portland

Project County Name

CUMBERLAND

Project State

ME

Project Zip

04106-2802

CD

ME-01

Jobs Reported

4

NAICS Code

541211

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

59765.00

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

29389

Originating Lender

Bangor Savings Bank

Originating Lender City

BANGOR

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

60131.94

Forgiveness Date

11/03/2021

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