PPP Loan information for Hutchinson composite

$60,987

Hutchinson composite was initially approved for PPP Loan of amount $60,987, the current approved amount is $60,987. The loan was approved on 04/10/2020 by The Machias Savings Bank reported 6 jobs and $60,987 was used to fund payroll.

Hutchinson composite is Existing or more than 2 years old

HUTCHINSON COMPOSITE

Date Approved

04/10/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

HUTCHINSON COMPOSITE

Borrower Address

93 Killeran Lane

Borrower City

CUSHING

Borrower State

ME

Borrower Zip

04563-3348

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

60987.00

Current Approval Amount

60987.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CUSHING

Project County Name

KNOX

Project State

ME

Project Zip

04563-3348

CD

ME-01

Jobs Reported

6

NAICS Code

336612

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

60987.00

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

Corporation

Originating Lender Location Id

29760

Originating Lender

Machias Savings Bank

Originating Lender City

MACHIAS

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

53312.28

Forgiveness Date

11/30/2020

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