Downeast Machine & Engineering Inc.
$568,422 PPP Loan in Mechanic Falls, Maine
Loan Details
- Loan Number
- 9383528502
- Date Approved
- Mar 12, 2021
- Loan Status
- Paid in Full
- Initial Approval
- $568,422
- Current Approval
- $568,422
- Forgiveness Amount
- $571,959
- Forgiveness Date
- Oct 26, 2021
- Term
- 60 months
- Draw
- Second Draw
Business Information
- Business Name
- Downeast Machine & Engineering Inc.
- Address
- 26 Maple St
- City
- Mechanic Falls
- State
- Maine
- ZIP Code
- 04256-6113
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (332312)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 46
- Estimated Revenue
- $11.2M
- Rural/Urban
- Rural
- Congressional District
- ME-02
Loan Use Breakdown
- Payroll
- $568,419
- Utilities
- $1
Lender Information
- Servicing Lender
- Bangor Savings Bank
- Originating Lender
- Bangor Savings Bank
Other PPP Loans in Mechanic Falls, ME
| Business | Approved | |
|---|---|---|
| Downeast Machine & Engineering, Inc. | $754,000 |  AI Deep Dive |
| Auburn Manufacturing, Incorporated | $599,620 | AI Deep Dive |
| Pratt & Sons Inc. | $430,000 | AI Deep Dive |
| The Maine Wood Treaters, INC | $344,490 | AI Deep Dive |
| United Supermarket INC | $174,200 | AI Deep Dive |
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