AMERICAN LEGION POST 24 (ME) - 2020 PPP Loan Borrower Profile (# 7354948501)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMERICAN LEGION POST 24. 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

7354948501

SBA Office Code

0172

Processing Method

PPS

Curent Loan Amount

$6,402.85

Date Loan was Approved

Mar 5, 2021

Amount Forgiven

$6,438.42

Date Loan was Forgiven

Sep 28, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

6,400.85

Lender

Franklin Savings Bank

Business Detail

Business Type

Non-Profit Organization

NAICS

813410

Borrower Location

Rumford, ME

Project Location

Rumford, 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.