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Labbe Excavating, Inc.

$229,800 PPP Loan in Arundel, Maine

Loan Details

Loan Number
5161987108
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$229,800
Current Approval
$229,800
Forgiveness Amount
$231,160
Forgiveness Date
Nov 23, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Labbe Excavating, Inc.
Address
6 Drews Mill Rd
City
Arundel
State
Maine
ZIP Code
04046
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238910)
Business Age
Existing or more than 2 years old
Jobs Reported
15
Estimated Revenue
$5.6M
Rural/Urban
Rural
Congressional District
ME-01

Loan Use Breakdown

Payroll
$223,200
Rent
$6,000
Utilities
$600

Lender Information

Servicing Lender
Maine Community Bank
Originating Lender
Maine Community Bank

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