Maine Potato Growers INC

$251,500 PPP Loan in Presque Isle, Maine

Loan Details

Loan Number
6139557008
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$251,500
Current Approval
$251,500
Forgiveness Amount
$253,154
Forgiveness Date
Dec 10, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Maine Potato Growers INC
Address
261 Main St
State
Maine
ZIP Code
04769-2858
Business Type
Cooperative
Industry (NAICS)
Other Services (except Public Administration) (811310)
Business Age
Existing or more than 2 years old
Jobs Reported
30
Estimated Revenue
$6.4M
Rural/Urban
Rural
Congressional District
ME-02

Loan Use Breakdown

Payroll
$201,200
Rent
$1,300
Utilities
$5,500
Health Care
$21,700
Mortgage Interest
$18,500
Debt Interest
$3,300

Lender Information

Servicing Lender
Aroostook County Federal Savings & Loan Association
Originating Lender
Aroostook County Federal Savings & Loan Association

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