BENCHMARK (ME) - 2020 PPP Loan Borrower Profile (# 5620557010)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BENCHMARK. 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

5620557010

SBA Office Code

0172

Processing Method

PPP

Curent Loan Amount

$520,530

Date Loan was Approved

Apr 6, 2020

Amount Forgiven

$523,580.88

Date Loan was Forgiven

Nov 23, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

520,530

Lender

Machias Savings Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

236220

Borrower Location

WESTBROOK, ME

Project Location

WESTBROOK, ME

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.