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Lincoln Academy

$1,316,600 PPP Loan in Newcastle, Maine

Loan Details

Loan Number
1254937105
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$1,316,600
Current Approval
$1,316,600
Forgiveness Amount
$1,326,731
Forgiveness Date
Jan 13, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Lincoln Academy
Address
81 Academy Hill
City
Newcastle
State
Maine
ZIP Code
04553-3433
Business Type
Non-Profit Organization
Industry (NAICS)
Educational Services (611110)
Business Age
Unanswered
Jobs Reported
113
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Rural
Congressional District
ME-01

Loan Use Breakdown

Payroll
$987,450
Utilities
$164,575
Mortgage Interest
$164,575

Lender Information

Servicing Lender
First National Bank
Originating Lender
First National Bank

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