PPP Loan information for Sterns lumber co. inc.

$50,500

Sterns lumber co. inc. was initially approved for PPP Loan of amount $50,500, the current approved amount is $50,500. The loan was approved on 04/11/2020 by The Bangor Savings Bank reported 8 jobs and $50,500 was used to fund payroll.

Sterns lumber co. inc. is Existing or more than 2 years old

PPP Loan Search / ME / MILLINOCKET / Sterns lumber co. inc.

STERNS LUMBER CO. INC.

Date Approved

04/11/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

STERNS LUMBER CO. INC.

Borrower Address

40 BALSAM DRIVE

Borrower City

MILLINOCKET

Borrower State

ME

Borrower Zip

04462-2110

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50500.00

Current Approval Amount

50500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29389

Servicing Lender Name

Bangor Savings Bank

Servicing Lender Address

24 Hamlin Way

Servicing Lender City

BANGOR

Servicing Lender State

ME

Servicing Lender Zip

04401-6497

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MILLINOCKET

Project County Name

PENOBSCOT

Project State

ME

Project Zip

04462-2110

CD

ME-02

Jobs Reported

8

NAICS Code

423310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

50500.00

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

29389

Originating Lender

Bangor Savings Bank

Originating Lender City

BANGOR

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

50852.10

Forgiveness Date

12/30/2020

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