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Powers Auto

$87,500 PPP Loan in Clinton, Maine

Loan Details

Loan Number
7848418310
Date Approved
Jan 28, 2021
Loan Status
Paid in Full
Initial Approval
$87,500
Current Approval
$87,500
Forgiveness Amount
$88,037
Forgiveness Date
Sep 13, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Powers Auto
Address
1131 Main St
City
Clinton
State
Maine
ZIP Code
04927
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423110)
Business Age
Existing or more than 2 years old
Jobs Reported
9
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
ME-02

Loan Use Breakdown

Payroll
$87,495
Utilities
$1

Lender Information

Servicing Lender
Bangor Savings Bank
Originating Lender
Bangor Savings Bank

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