PPP Loan information for Momentum

$615,846

Momentum was initially approved for PPP Loan of amount $615,846, the current approved amount is $615,846. The loan was approved on 04/06/2020 by The Norway Savings Bank reported 94 jobs and $615,846 was used to fund payroll.

Momentum is Existing or more than 2 years old

PPP Loan Search / ME / CASCO / Momentum

MOMENTUM

Date Approved

04/06/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

MOMENTUM

Borrower Address

1059 Meadow Road

Borrower City

CASCO

Borrower State

ME

Borrower Zip

04015-3038

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

615846.00

Current Approval Amount

615846.00

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

ME

Servicing Lender Zip

04268-5915

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CASCO

Project County Name

CUMBERLAND

Project State

ME

Project Zip

04015-3038

CD

ME-01

Jobs Reported

94

NAICS Code

624120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

615846.00

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

Subchapter S Corporation

Originating Lender Location Id

29763

Originating Lender

Norway Savings Bank

Originating Lender City

NORWAY

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

621717.63

Forgiveness Date

03/31/2021

;