BELL BROTHERS INC. (ME) - 2020 PPP Loan Borrower Profile (# 9388017200)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BELL BROTHERS INC.. 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

9388017200

SBA Office Code

0172

Processing Method

PPP

Curent Loan Amount

$28,000

Date Loan was Approved

Apr 28, 2020

Amount Forgiven

$28,171.11

Date Loan was Forgiven

Dec 14, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

4,000

Payroll Proced

21,000

Mortgage Interest Proceed

3,000

Lender

Katahdin Trust Co.

Business Detail

Business Type

Subchapter S Corporation

NAICS

111211

Borrower Location

MARS HILL, ME

Project Location

MARS HILL, 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.