PPP Loan information for Maine arts academy

$226,800

Maine arts academy was initially approved for PPP Loan of amount $226,800, the current approved amount is $226,800. The loan was approved on 04/28/2020 by The Kennebec Savings Bank reported 33 jobs and $226,800 was used to fund payroll.

Maine arts academy is Existing or more than 2 years old

MAINE ARTS ACADEMY

Date Approved

04/28/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

MAINE ARTS ACADEMY

Borrower Address

11 Goldenrod Lane

Borrower City

Sidney

Borrower State

ME

Borrower Zip

04330

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

226800.00

Current Approval Amount

226800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29386

Servicing Lender Name

Kennebec Savings Bank

Servicing Lender Address

150 State St

Servicing Lender City

AUGUSTA

Servicing Lender State

ME

Servicing Lender Zip

04330-7418

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sidney

Project County Name

KENNEBEC

Project State

ME

Project Zip

04330-0001

CD

ME-02

Jobs Reported

33

NAICS Code

611110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

226800.00

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

29386

Originating Lender

Kennebec Savings Bank

Originating Lender City

AUGUSTA

Originating Lender State

ME

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

228272.65

Forgiveness Date

12/23/2020

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