Woodex Bearing Company, Inc.

$336,800 PPP Loan in Georgetown, Maine

Loan Details

Loan Number
6837317003
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$336,800
Current Approval
$336,800
Forgiveness Amount
$338,755
Forgiveness Date
Nov 12, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Woodex Bearing Company, Inc.
Address
216 Bay Point Rd
State
Maine
ZIP Code
04548-3509
Business Type
Employee Stock Ownership Plan(esop)
Industry (NAICS)
Manufacturing (332991)
Business Age
Existing or more than 2 years old
Jobs Reported
30
Estimated Revenue
$7.3M
Rural/Urban
Rural
Congressional District
ME-01

Loan Use Breakdown

Payroll
$336,800

Lender Information

Servicing Lender
Bangor Savings Bank
Originating Lender
Bangor Savings Bank

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