ABRAHAM SHMALO (ME) - 2020 PPP Loan Borrower Profile (# 5724488308)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to ABRAHAM SHMALO. 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
5724488308
SBA Office Code
0172
Processing Method
PPS
Curent Loan Amount
$47,120
Date Loan was Approved
Jan 25, 2021
Amount Forgiven
$47,370
Date Loan was Forgiven
Aug 9, 2021
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
47,119
Lender
Kennebunk Savings Bank
Business Detail
Business Type
Sole Proprietorship
NAICS
453220
Borrower Location
Kennebunk, ME
Project Location
Kennebunk, ME
Rural/Urban
Rural
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
19
Business Age Description
Existing or more than 2 years old
Data Source: SBA.
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