Date Approved
04/04/2020
SBA Office Code
0172
Processing Method
PPP
Borrower Name
FERNWOOD COVE INC
Borrower Address
350 Island Pond Road
Borrower City
HARRISON
Borrower State
ME
Borrower Zip
04040-3214
Loan Status Date
05/11/2022
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
180000.00
Current Approval Amount
239752.00
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
29763
Servicing Lender Name
Norway Savings Bank
Servicing Lender Address
261 Main St
Servicing Lender City
NORWAY
Servicing Lender State
Servicing Lender Zip
04268-5915
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
CUMBERLAND
Project State
Project Zip
CD
ME-02
Jobs Reported
11
NAICS Code
721214
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Female Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
167202.02
Forgiveness Date
06/18/2021