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

$107,060

Downeast institute for applied marine research & education was initially approved for PPP Loan of amount $107,060, the current approved amount is $107,060. The loan was approved on 04/13/2020 by The Machias Savings Bank reported 13 jobs and $107,060 was used to fund payroll.

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

PPP Loan Search / ME / BEALS / Downeast institute for applied marine research & education

DOWNEAST INSTITUTE FOR APPLIED MARINE RESEARCH & EDUCATION

Date Approved

04/13/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

DOWNEAST INSTITUTE FOR APPLIED MARINE RESEARCH & EDUCATION

Borrower Address

39 WILDFLOWER LN

Borrower City

BEALS

Borrower State

ME

Borrower Zip

04611

Loan Status Date

12/15/2020

Loan Status

Paid in Full

Term

24

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

04611-0001

CD

ME-02

Jobs Reported

13

NAICS Code

541712

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

107060.00

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

107663.70

Forgiveness Date

11/12/2020

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