ARUNDEL MARINE SERVICE (ME) - 2020 PPP Loan Borrower Profile (# 7227517905)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ARUNDEL MARINE SERVICE. 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

7227517905

SBA Office Code

0172

Processing Method

PPP

Curent Loan Amount

$184,700

Date Loan was Approved

Jun 17, 2020

Amount Forgiven

$187,239.62

Date Loan was Forgiven

Oct 28, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

184,700

Lender

Kennebunk Savings Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

722511

Borrower Location

KENNEBUNKPORT, ME

Project Location

KENNEBUNKPORT, ME

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.