Budget Business Machines INC

$388,200 PPP Loan in Lewiston, Maine

Loan Details

Loan Number
8191497010
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$388,200
Current Approval
$388,200
Forgiveness Amount
$390,766
Forgiveness Date
Dec 8, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Budget Business Machines INC
Address
251 Goddard Road
State
Maine
ZIP Code
04240
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (452990)
Business Age
Existing or more than 2 years old
Jobs Reported
34
Estimated Revenue
$8.0M
Rural/Urban
Rural
Congressional District
ME-02

Loan Use Breakdown

Payroll
$361,963
Rent
$21,300
Utilities
$4,937

Lender Information

Servicing Lender
Maine Community Bank
Originating Lender
Maine Community Bank

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