A. HOOD & SON INC. (ME) - 2020 PPP Loan Borrower Profile (# 1301597310)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to A. HOOD & SON INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Maine.

Loan Detail

Loan Number

1301597310

SBA Office Code

0172

Processing Method

PPP

Curent Loan Amount

$150,925

Date Loan was Approved

Apr 28, 2020

Amount Forgiven

$152,417.71

Date Loan was Forgiven

May 5, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

1,000

Payroll Proced

120,000

Health Care Proceed

29,925

Lender

First Pioneer Farm Credit, ACA

Business Detail

Business Type

Corporation

NAICS

484220

Borrower Location

TURNER, ME

Project Location

TURNER, ME

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.