PPP Loan information for Downeast institute for applied marine research and education

$107,060

Downeast institute for applied marine research and education was initially approved for PPP Loan of amount $107,060, the current approved amount is $107,060. The loan was approved on 02/12/2021 by The Machias Savings Bank reported 12 jobs and $107,060 was used to fund payroll.

Downeast institute for applied marine research and education is Existing or more than 2 years old

PPP Loan Search / ME / Beals / Downeast institute for applied marine research and education

DOWNEAST INSTITUTE FOR APPLIED MARINE RESEARCH AND EDUCATION

Date Approved

02/12/2021

SBA Office Code

0172

Processing Method

PPS

Borrower Name

DOWNEAST INSTITUTE FOR APPLIED MARINE RESEARCH AND EDUCATION

Borrower Address

39 Wildflower Lane

Borrower City

Beals

Borrower State

ME

Borrower Zip

04611

Loan Status Date

08/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

107060.00

Current Approval Amount

107060.00

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

Beals

Project County Name

WASHINGTON

Project State

ME

Project Zip

04611

CD

ME-02

Jobs Reported

12

NAICS Code

112512

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

107057.00

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

Female Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

107497.16

Forgiveness Date

07/14/2021

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