Stratton Lumber INC

$775,000 PPP Loan in Stratton, Maine

Loan Details

Loan Number
8488697306
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$775,000
Current Approval
$775,000
Forgiveness Amount
$782,304
Forgiveness Date
Apr 22, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Stratton Lumber INC
Address
66 Fontaine Rd
State
Maine
ZIP Code
04982-0160
Business Type
Corporation
Industry (NAICS)
Manufacturing (321113)
Business Age
Existing or more than 2 years old
Jobs Reported
73
Estimated Revenue
$72.4M
Rural/Urban
Rural
Congressional District
ME-02

Loan Use Breakdown

Payroll
$700,000
Utilities
$65,000
Health Care
$10,000

Lender Information

Servicing Lender
First Pioneer Farm Credit, Aca
Originating Lender
First Pioneer Farm Credit, Aca

Other PPP Loans in Stratton, ME

BusinessApproved
Timber Resource Group, LLC$95,055NewBizBotResearch
Backstrap Bar & Grill LLC$75,582NewBizBotResearch
Absolut Services, Inc.$59,500NewBizBotResearch
D.l. Fotter & Sons, Inc.$57,052NewBizBotResearch
The Coplin Dinner House, INC$56,081NewBizBotResearch

Want to research this company further?

Try NewBizBot free