The Island Employee Cooperative, Inc.
$299,300 PPP Loan in Stonington, Maine
Loan Details
- Loan Number
- 6624637001
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $299,300
- Current Approval
- $299,300
- Forgiveness Amount
- $300,979
- Forgiveness Date
- Nov 3, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- The Island Employee Cooperative, Inc.
- Address
- 1 Burnt Cove Rd
- City
- Stonington
- State
- Maine
- ZIP Code
- 04681-3301
- Business Type
- Cooperative
- Industry (NAICS)
- Retail Trade (445110)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 62
- Estimated Revenue
- $15.5M
- Rural/Urban
- Rural
- Congressional District
- ME-02
Loan Use Breakdown
- Payroll
- $299,300
Lender Information
- Servicing Lender
- Bar Harbor Bank & Trust
- Originating Lender
- Bar Harbor Bank & Trust
Other PPP Loans in Stonington, ME
| Business | Approved | |
|---|---|---|
| Tct INC | $440,200 | |
| Greenhead Lobster LLC | $371,972 | |
| Greenhead Lobster Products LLC | $154,037 | |
| Maine Center for Coastal Fisheries | $149,000 | |
| Maine Center for Coastal Fisheries | $146,300 |
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