BEAR MOUNTAIN INN (ME) - 2020 PPP Loan Borrower Profile (# 5042298302)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BEAR MOUNTAIN INN. 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

5042298302

SBA Office Code

0172

Processing Method

PPS

Curent Loan Amount

$81,008.58

Date Loan was Approved

Jan 23, 2021

Amount Forgiven

$81,465.78

Date Loan was Forgiven

Aug 20, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

81,006.58

Lender

Norway Savings Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

721191

Borrower Location

Waterford, ME

Project Location

Waterford, ME

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.