Maine Farmers Exchange Corp

$154,500 PPP Loan in Presque Isle, Maine

Loan Details

Loan Number
1788357102
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$154,500
Current Approval
$154,500
Forgiveness Amount
$155,440
Forgiveness Date
Nov 27, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Maine Farmers Exchange Corp
Address
422 Main St, Suite a
State
Maine
ZIP Code
04769-2601
Business Type
Corporation
Industry (NAICS)
Finance and Insurance (523140)
Business Age
Existing or more than 2 years old
Jobs Reported
12
Estimated Revenue
$6.2M
Rural/Urban
Rural
Congressional District
ME-02

Loan Use Breakdown

Payroll
$115,875
Utilities
$38,625

Lender Information

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

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