A & M REDI-MIX INC (ME) - 2020 PPP Loan Borrower Profile (# 1228447107)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to A & M REDI-MIX 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

1228447107

SBA Office Code

0172

Processing Method

PPP

Curent Loan Amount

$192,500

Date Loan was Approved

Apr 10, 2020

Amount Forgiven

$193,601.53

Date Loan was Forgiven

Nov 3, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

24,062.5

Payroll Proced

144,375

Mortgage Interest Proceed

24,062.5

Lender

First National Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

237310

Borrower Location

BANGOR, ME

Project Location

BANGOR, ME

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Unanswered

Data Source: SBA.