Sherman's Books & Stationery, Inc.

$299,200 PPP Loan in Boothbay Harbor, Maine

Loan Details

Loan Number
1616217110
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$299,200
Current Approval
$299,200
Forgiveness Amount
$300,937
Forgiveness Date
Nov 12, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Sherman's Books & Stationery, Inc.
Address
5 Commercial St.
State
Maine
ZIP Code
04538-1825
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (451211)
Business Age
Existing or more than 2 years old
Jobs Reported
94
Estimated Revenue
$22.1M
Rural/Urban
Rural
Congressional District
ME-01

Loan Use Breakdown

Payroll
$224,400
Utilities
$37,400
Mortgage Interest
$37,400

Lender Information

Servicing Lender
First National Bank
Originating Lender
First National Bank

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