Downeast Machine & Engineering, Inc.
$754,000 PPP Loan in Mechanic Falls, Maine
Loan Details
- Loan Number
- 2275987200
- Date Approved
- Apr 15, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $754,000
- Current Approval
- $754,000
- Forgiveness Amount
- $758,772
- Forgiveness Date
- Feb 12, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Downeast Machine & Engineering, Inc.
- Address
- 26 Maple St
- City
- Mechanic Falls
- State
- Maine
- ZIP Code
- 04256
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (332312)
- Business Age
- Unanswered
- Jobs Reported
- 42
- Estimated Revenue
- $10.3M
- Rural/Urban
- Rural
- Congressional District
- ME-02
Loan Use Breakdown
- Payroll
- $754,000
Lender Information
- Servicing Lender
- Bangor Savings Bank
- Originating Lender
- Bangor Savings Bank
Other PPP Loans in Mechanic Falls, ME
| Business | Approved | |
|---|---|---|
| Auburn Manufacturing, Incorporated | $599,620 |  AI Deep Dive |
| Downeast Machine & Engineering Inc. | $568,422 | AI Deep Dive |
| Pratt & Sons Inc. | $430,000 | AI Deep Dive |
| The Maine Wood Treaters, INC | $344,490 | AI Deep Dive |
| United Supermarket INC | $174,200 | AI Deep Dive |
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