Malone Paddle Gear LLC

$262,500 PPP Loan in Westbrook, Maine

Loan Details

Loan Number
4684187000
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$262,500
Current Approval
$262,500
Forgiveness Amount
$263,988
Forgiveness Date
Nov 5, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Malone Paddle Gear LLC
Address
81 County Rd, Suite 1
State
Maine
ZIP Code
04092-3827
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Wholesale Trade (423910)
Business Age
Existing or more than 2 years old
Jobs Reported
22
Estimated Revenue
$6.7M
Rural/Urban
Rural
Congressional District
ME-01

Loan Use Breakdown

Payroll
$196,875
Utilities
$32,813
Mortgage Interest
$32,813

Lender Information

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

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