Southern Ratio

$292,300 PPP Loan in South Portland, Maine

Loan Details

Loan Number
6296577007
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$292,300
Current Approval
$292,300
Forgiveness Amount
$295,751
Forgiveness Date
Jun 10, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Southern Ratio
Address
416 Preble St
State
Maine
ZIP Code
04106-3020
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (311812)
Business Age
Existing or more than 2 years old
Jobs Reported
36
Estimated Revenue
$12.7M
Rural/Urban
Rural
Congressional District
ME-01

Loan Use Breakdown

Payroll
$292,300

Lender Information

Servicing Lender
Bangor Savings Bank
Originating Lender
Bangor Savings Bank

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