Downeast Turf Farms, INC

$61,500 PPP Loan in Arundel, Maine

Loan Details

Loan Number
7527917103
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$61,500
Current Approval
$61,500
Forgiveness Amount
$61,846
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Downeast Turf Farms, INC
Address
428 Alfred Road
State
Maine
ZIP Code
04043
Business Type
Corporation
Industry (NAICS)
Agriculture, Forestry, Fishing and Hunting (111998)
Business Age
Existing or more than 2 years old
Jobs Reported
5
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
ME-01

Loan Use Breakdown

Payroll
$55,300
Rent
$6,000
Utilities
$200

Lender Information

Servicing Lender
Maine Community Bank
Originating Lender
Maine Community Bank

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