BIGELOW LABORATORY FOR OCEAN SCIENCES (ME) - 2020 PPP Loan Borrower Profile (# 1232657103)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BIGELOW LABORATORY FOR OCEAN SCIENCES. 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

1232657103

SBA Office Code

0172

Processing Method

PPP

Curent Loan Amount

$1,339,900

Date Loan was Approved

Apr 10, 2020

Amount Forgiven

$1,347,567.21

Date Loan was Forgiven

Nov 3, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

167,487.5

Payroll Proced

1,004,925

Mortgage Interest Proceed

167,487.5

Lender

First National Bank

Business Detail

Business Type

Non-Profit Organization

NAICS

541715

Borrower Location

EAST BOOTHBAY, ME

Project Location

EAST BOOTHBAY, ME

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Unanswered

Data Source: SBA.