Black Bear Inn and Conference Center

$152,500 PPP Loan in Orono, Maine

Loan Details

Loan Number
4633247005
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$152,500
Current Approval
$152,500
Forgiveness Amount
$153,631
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Black Bear Inn and Conference Center
Address
4 Godfrey Dr
City
Orono
State
Maine
ZIP Code
04473-3610
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Accommodation and Food Services (721110)
Business Age
Existing or more than 2 years old
Jobs Reported
14
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
ME-02

Loan Use Breakdown

Payroll
$114,375
Utilities
$19,063
Mortgage Interest
$19,063

Lender Information

Servicing Lender
Katahdin Trust Co.
Originating Lender
Katahdin Trust Co.

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