Downeast Food Distributors INC

$172,000 PPP Loan in Auburn, Maine

Loan Details

Loan Number
4875577100
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$172,000
Current Approval
$172,000
Forgiveness Amount
$173,046
Forgiveness Date
Nov 27, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Downeast Food Distributors INC
Address
94 Merrow Road Po Box 1717
City
Auburn
State
Maine
ZIP Code
04211
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (424450)
Business Age
Existing or more than 2 years old
Jobs Reported
12
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
ME-02

Loan Use Breakdown

Payroll
$138,000
Rent
$32,000
Utilities
$2,000

Lender Information

Servicing Lender
Maine Community Bank
Originating Lender
Maine Community Bank

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