PPP Loan information for Woodex bearing company, inc.

$336,800

Woodex bearing company, inc. was initially approved for PPP Loan of amount $336,800, the current approved amount is $336,800. The loan was approved on 04/07/2020 by The Bangor Savings Bank reported 30 jobs and $336,800 was used to fund payroll.

Woodex bearing company, inc. is Existing or more than 2 years old

WOODEX BEARING COMPANY, INC.

Date Approved

04/07/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

WOODEX BEARING COMPANY, INC.

Borrower Address

216 Bay Point Rd

Borrower City

GEORGETOWN

Borrower State

ME

Borrower Zip

04548-3509

Loan Status Date

11/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

336800.00

Current Approval Amount

336800.00

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

GEORGETOWN

Project County Name

SAGADAHOC

Project State

ME

Project Zip

04548-3509

CD

ME-01

Jobs Reported

30

NAICS Code

332991

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

336800.00

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

Employee Stock Ownership Plan(ESOP)

Originating Lender Location Id

29389

Originating Lender

Bangor Savings Bank

Originating Lender City

BANGOR

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

338755.31

Forgiveness Date

11/12/2020

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