Downeast Institute for Applied Marine Research and Education

$107,060 PPP Loan in Beals, Maine

Loan Details

Loan Number
8128668409
Date Approved
Feb 12, 2021
Loan Status
Paid in Full
Initial Approval
$107,060
Current Approval
$107,060
Forgiveness Amount
$107,497
Forgiveness Date
Jul 14, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Downeast Institute for Applied Marine Research and Education
Address
39 Wildflower Lane
City
Beals
State
Maine
ZIP Code
04611
Business Type
Non-Profit Organization
Industry (NAICS)
Agriculture, Forestry, Fishing and Hunting (112512)
Business Age
Existing or more than 2 years old
Jobs Reported
12
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Rural
Congressional District
ME-02

Loan Use Breakdown

Payroll
$107,057
Utilities
$1

Lender Information

Servicing Lender
Machias Savings Bank
Originating Lender
Machias Savings Bank

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