PPP Loan information for Maine recycling corporation

$500,000

Maine recycling corporation was initially approved for PPP Loan of amount $500,000, the current approved amount is $500,000. The loan was approved on 03/17/2021 by The Camden National Bank reported 60 jobs and $500,000 was used to fund payroll.

Maine recycling corporation is Existing or more than 2 years old

MAINE RECYCLING CORPORATION

Date Approved

03/17/2021

SBA Office Code

0172

Processing Method

PPS

Borrower Name

MAINE RECYCLING CORPORATION

Borrower Address

61 Capital Ave

Borrower City

Lisbon Falls

Borrower State

ME

Borrower Zip

04252-1102

Loan Status Date

04/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

500000.00

Current Approval Amount

500000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29633

Servicing Lender Name

Camden National Bank

Servicing Lender Address

2 Elm St

Servicing Lender City

CAMDEN

Servicing Lender State

ME

Servicing Lender Zip

04843-1947

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lisbon Falls

Project County Name

ANDROSCOGGIN

Project State

ME

Project Zip

04252-1102

CD

ME-02

Jobs Reported

60

NAICS Code

423930

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

500000.00

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

29633

Originating Lender

Camden National Bank

Originating Lender City

CAMDEN

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

505152.78

Forgiveness Date

03/28/2022

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