PPP Loan information for Downeast community hospital

$3,345,152

Downeast community hospital was initially approved for PPP Loan of amount $3,345,152, the current approved amount is $3,345,152. The loan was approved on 04/05/2020 by The Machias Savings Bank reported 250 jobs and $3,345,152 was used to fund payroll.

Downeast community hospital is Existing or more than 2 years old

PPP Loan Search / ME / MACHIAS / Downeast community hospital

DOWNEAST COMMUNITY HOSPITAL

Date Approved

04/05/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

DOWNEAST COMMUNITY HOSPITAL

Borrower Address

11 Hospital Drive

Borrower City

MACHIAS

Borrower State

ME

Borrower Zip

04654-3325

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3345152.00

Current Approval Amount

3345152.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29760

Servicing Lender Name

Machias Savings Bank

Servicing Lender Address

4 Center St

Servicing Lender City

MACHIAS

Servicing Lender State

ME

Servicing Lender Zip

04654-1110

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MACHIAS

Project County Name

WASHINGTON

Project State

ME

Project Zip

04654-3325

CD

ME-02

Jobs Reported

250

NAICS Code

622110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3345152.00

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

29760

Originating Lender

Machias Savings Bank

Originating Lender City

MACHIAS

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

3383992.93

Forgiveness Date

06/09/2021

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