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Searsport Motor Company Inc.

$108,500 PPP Loan in Searsport, Maine

Loan Details

Loan Number
8941977001
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$108,500
Current Approval
$108,500
Forgiveness Amount
$109,302
Forgiveness Date
Jan 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Searsport Motor Company Inc.
Address
315 Easte Main Street
City
Searsport
State
Maine
ZIP Code
04974
Business Type
Corporation
Industry (NAICS)
Retail Trade (441120)
Business Age
Existing or more than 2 years old
Jobs Reported
8
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
ME-02

Loan Use Breakdown

Payroll
$81,375
Utilities
$13,563
Health Care
$13,563

Lender Information

Servicing Lender
First National Bank
Originating Lender
First National Bank

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