ADB ATHLETICS (ME) - 2020 PPP Loan Borrower Profile (# 8043077000)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADB ATHLETICS. 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

8043077000

SBA Office Code

0172

Processing Method

PPP

Curent Loan Amount

$17,000

Date Loan was Approved

Apr 8, 2020

Amount Forgiven

$17,140.72

Date Loan was Forgiven

Feb 2, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

2,125

Payroll Proced

12,750

Mortgage Interest Proceed

2,125

Lender

First National Bank

Business Detail

Business Type

Corporation

NAICS

713940

Borrower Location

ELLSWORTH, ME

Project Location

ELLSWORTH, ME

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.