PPP Loan information for Medomak construction inc

$80,000

Medomak construction inc was initially approved for PPP Loan of amount $80,000, the current approved amount is $80,000. The loan was approved on 04/16/2020 by The First National Bank reported 12 jobs and $80,000 was used to fund payroll.

Medomak construction inc is Existing or more than 2 years old

PPP Loan Search / ME / NEWCASTLE / Medomak construction inc

MEDOMAK CONSTRUCTION INC

Date Approved

04/16/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

MEDOMAK CONSTRUCTION INC

Borrower Address

4 Mills Road

Borrower City

NEWCASTLE

Borrower State

ME

Borrower Zip

04553

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

80000.00

Current Approval Amount

80000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29647

Servicing Lender Name

First National Bank

Servicing Lender Address

223 Main St

Servicing Lender City

DAMARISCOTTA

Servicing Lender State

ME

Servicing Lender Zip

04543-4651

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEWCASTLE

Project County Name

LINCOLN

Project State

ME

Project Zip

04553-0001

CD

ME-01

Jobs Reported

12

NAICS Code

236115

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10000.00

Payroll Proceed

60000.00

Mortgage Interest Proceed

10000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

29647

Originating Lender

First National Bank

Originating Lender City

DAMARISCOTTA

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

80957.78

Forgiveness Date

06/22/2021

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