PPP Loan information for Varney ford

$175,707

Varney ford was initially approved for PPP Loan of amount $175,705, the current approved amount is $175,707. The loan was approved on 04/07/2020 by The Machias Savings Bank reported 20 jobs and $175,707 was used to fund payroll.

Varney ford is Existing or more than 2 years old

PPP Loan Search / ME / NEWPORT / Varney ford

VARNEY FORD

Date Approved

04/07/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

VARNEY FORD

Borrower Address

237 Moosehead Trail

Borrower City

NEWPORT

Borrower State

ME

Borrower Zip

04953-4016

Loan Status Date

01/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

175705.00

Current Approval Amount

175707.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

29760

Servicing Lender Name

Machias Savings Bank

Servicing Lender Address

4 Center St

Servicing Lender City

MACHIAS

Servicing Lender State

ME

Servicing Lender Zip

04654-1110

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEWPORT

Project County Name

PENOBSCOT

Project State

ME

Project Zip

04953-4016

CD

ME-02

Jobs Reported

20

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

175707.00

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

Sole Proprietorship

Originating Lender Location Id

29760

Originating Lender

Machias Savings Bank

Originating Lender City

MACHIAS

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

176863.74

Forgiveness Date

12/09/2020

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