ANDREWS TIMBER CO. (ME) - 2020 PPP Loan Borrower Profile (# 7379197305)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ANDREWS TIMBER CO.. 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

7379197305

SBA Office Code

0172

Processing Method

PPP

Curent Loan Amount

$8,700

Date Loan was Approved

Apr 30, 2020

Amount Forgiven

$8,771.03

Date Loan was Forgiven

Mar 2, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

8,700

Lender

Maine Savings FCU

Business Detail

Business Type

Sole Proprietorship

NAICS

444110

Borrower Location

Atkinson, ME

Project Location

Atkinson, ME

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.