Maine Commercial Tire, Inc.
$600,000 PPP Loan in Hermon, Maine
Loan Details
- Loan Number
- 4552767006
- Date Approved
- Apr 3, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $600,000
- Current Approval
- $706,000
- Forgiveness Amount
- $711,511
- Forgiveness Date
- Jan 20, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Maine Commercial Tire, Inc.
- Address
- 55 Freedom Pkwy
- City
- Hermon
- State
- Maine
- ZIP Code
- 04401-1100
- Business Type
- Employee Stock Ownership Plan(esop)
- Industry (NAICS)
- Retail Trade (441320)
- Franchise
- Bandag
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 60
- Estimated Revenue
- $16.2M
- Rural/Urban
- Rural
- Congressional District
- ME-02
Loan Use Breakdown
- Payroll
- $706,000
Lender Information
- Servicing Lender
- Katahdin Trust Co.
- Originating Lender
- Katahdin Trust Co.
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| Sullivan and Merritt Constructors, Inc. | $2,682,375 |  Research |
| Pottle's Transportation, LLC | $2,200,000 | Research |
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